Australian Securities Exchange Debuts Infrastructure Replacement as Blockchain Switch Begins

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The Australian Securities Exchange (ASX) has released the first code for its replacement app development tool based on blockchain, the company confirmed in a press release on May 7.

The new platform, dubbed the Customer Development Environment (CDE), builds on the exchange’s previous offering, Chess, which will now be retired.

The initial features, which hinge on distributed-ledger technology (DLT), began a rollout at the end of April, with ASX drip-feeding more to users in roughly two-month intervals before the platform is fully live next year