Dec 07 2017, 4:30 AMDec 09 2017, 4:51 AMDecember 07 2017, 4:30 AMDecember 09 2017, 4:51 AM
Australia 's ASX will be embracing blockchain to process equity transactions , according to a statement made by the exchange . A blockchain - based system will replace the stock exchange 's Glass House Electronic Trading System , which was developed in the 1990s . A date for when the shift to blockchain will take place has not yet been determined . Adopting it will lower costs for clients while also potentially allowing for the development of new trading platform services .