Blockchain technology has been sidelined by the Australian Securities Exchange (ASX), a prominent entity in the nation’s financial domain, as it departs from its original intentions of utilizing blockchain to reconstruct its software platform.
This unexpected move signifies a momentous shift in the perception of a once-celebrated concept that rose to prominence alongside the growing popularity of cryptocurrencies.
The decision to abandon blockchain rebuild marks a significant turning point, highlighting the challenges and limitations that have become apparent during its implementation journey.
Blockchain Ditched: ASX Explores New Paths For Software Rebuild
In a recent meeting (via Reuters), the ASX made a significant announcement, stating its decision to exclude blockchain technology and any related distributed ledger technology (DLT) from its future plans. This move represents a…
