The Australian Securities Exchange (ASX) is responsible for one of the landmark enterprise blockchain projects, its blockchain clearing and settlement system CHESS, which is scheduled to go live in April 2021. However, for various reasons, including the uncertainty created by the COVID-19 pandemic, the ASX will now consult in June about delaying the rollout.
Other reasons for pushing back the schedule include feedback on timing, additional feature requests, and the ASX also needs more time for development and readiness. However, the stock exchange said it is still aiming to roll out the first phase of the Industry Test Environment in July.
Users already have the complete technical documentation needed for integration. The first code was released almost a year ago, with updates every eight weeks.
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