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ASX Developing New Blockchain-Based Platform With Digital Asset and VMWare


The ASX (Australian Securities Exchange) is developing a new blockchain-based platform in partnership with companies Digital Asset and VMWare. This new platform will replace ASX’s existing registry, clearing and settlement system called CHESS (Clearing House Electronic Subregister System) by 2021....

Apple Mobile Devices to be Supplied to Australian Businesses by Macquarie


The biggest tech companies in the world have grown immensely over the course of the past two decades by signing deals that make it possible for them to take their products to all concerns of the globe. It is no different for Apple, which has produced some of the most popular products during this...

Gemini is Expanding its Crypto Trading Operations to Australia


Recently, Winklevoss-twins promoted Gemini, a cryptocurrency exchange, reported that it is expanding its crypto exchanging operations to Australia-based clients. Herewith, Australian traders will be able to access crypto exchange’s mobile app on Android and iOS to purchase, sell, and store...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

Owning Fiat Just Got More Expensive – NIRP Strikes Again


With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy...

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