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Bitcoin may be reaching new heights, but the ASX shows the blockchain is reinventing business

From theconversation.com

Bitcoin may be the most famous example of a blockchain in use, but it is actually a rather unimaginative way to use it. The blockchain is finally starting to fulfil its promise as a game-changing technology, a kind of infrastructure for record-keeping. To facilitate movement of value (such as money) and changes in ownership (shares, for example), and even to manage online identities. The Australian Stock Exchange (ASX) has announced that it will use a blockchain-based system to record who owns shares of listed companies, and to keep track of transactions and settlements when people buy and sell shares. The move comes ... (full story)

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  • Category: Fundamental Analysis