[2016-05-26] Sydney Stock Exchange's blockchain system targets venture capital

[LiteCoinGuy]

Sydney Stock Exchange's blockchain system targets venture capital funds, commodities

But Ms Joseph argues private distributed ledgers are a backward step.

"The banks [and ASX] are effectively trying to build an intranet [for blockchain]," said Ms Joseph. "If we put a control around who could come into [the internet] and who can't, we wouldn't have the internet today."

http://www.smh.com.au/business/banking-and-finance/sydney-stock-exchange-blockchain-targets-vc-commodities-20160518-goykn9.html