In 2015 or so, I was really surprised to hear that the Australian Stock Exchange was going full-steam ahead with a blockchain-based settlement platform. From memory, they were targeting 2020 or so for a full rollout.
Just checked and this has now been pushed back to 2023.
I know that there's been a lot of improvement since then, but once you reach a certain size, things just move very slowly. It's less about the tech, and more about the pace at which stakeholders get on board.
Just checked and this has now been pushed back to 2023.
I know that there's been a lot of improvement since then, but once you reach a certain size, things just move very slowly. It's less about the tech, and more about the pace at which stakeholders get on board.