Digital Asset, a blockchain technology firm, has accused the Australian Securities Exchange (ASX) of not providing it with crucial information regarding the development of a new blockchain-based clearing and settlement system.
The ASX has denied these claims, stating that Digital Asset was provided with all necessary information and that their claims are misleading.
Here are the most important points to know about this situation:
1. Digital Asset claims that the ASX did not provide it with important information about the development of the new system, which caused delays and ultimately led to Digital Asset being removed from the project.
2. The ASX denies these claims, stating that Digital Asset was provided with all necessary information and that their claims are misleading.
3. This situation highlights the challenges that can arise when implementing new technologies in traditional financial systems, and the importance of clear communication and collaboration between all parties involved.
In summary, Digital Asset’s accusations against the ASX regarding the development of a new blockchain-based clearing and settlement system have been denied by the ASX. This situation underscores the importance of clear communication and collaboration when implementing new technologies in traditional financial systems.
