The Australian Securities Exchange is crazy about blockchain – for all the wrong reasons
The CEO of the Australian Securities Exchange (ASX) has presented its annual earnings report, and if the content is anything to go by, we can safely say he’s been indoctrinated into the Cult of the Distributed Ledger. The ASX is prepping to shift the bulk of its trading to a decentralized ledger system, built by a former JP Morgan exec. It’s much like the distributed ledger (DLT) powering Bitcoin, but with a simple form of smart contracts attached. It is advertised as one of the largest implementations of the technology to date. You would think that the ASX annual report (spotted by Forbes) would… This story continues at The Next Web
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They are sold a dream, but instead some migrants to New Zealand are being exploited by scammers who sell them fake jobs and demand under-the-table payments for visas. In the first of a four-part investigation, 'The Big Scam', Dileepa Fonseka and Steve Kilgallon reveal the kingpin accused of orchestrating a sophisticated rort.