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HKEX will use blockchain and smart contracts to workinng Stock HKEX announced an exciting initiative to upgrade a key part of its settlement system using equity markets. Adopting Distributed Ledger Technology, Synapse provides a standardized and centralized was urged to keep faith all market participants via multiple Hong Kong and Mainland China.
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Hong Kong Stock Exchange Launches Blockchain-Based Settlement PlatformThe abandonment of blockchain means the end of seven years of confusion, delays and frustration � but it also means that ASX has to write off up to AUS$m. Bold ambition. ASX prided itself on being the first global securities exchange to dematerialize, in the s. That project had led to CHESS. HKEX said the new blockchain-based settlement platform, called Synapse, will provide a vital solution to address long-existing problems with.
