This year businesses will move from talking about the potential of distributed ledger technology inspired by Bitcoin’s blockchain to actually implementing and testing it, the Australian Securities and Investments Commission’s chairperson, Greg Medcraft, today told the organisation’s annual forum.
This year businesses will move from talking about the potential of distributed ledger technology inspired by Bitcoin’s blockchain to actually implementing and trialling it, the Australian Securities and Investments Commission’s chairperson, Greg Medcraft, today told the organisation’s annual forum.
As a consequence, ASIC is planning to shortly release an information sheet for businesses that are implementing and testing distributed ledger solutions, Medcraft said in remarks prepared for the forum.
“The information sheet provides a framework to help industry and ASIC to assess whether using the solution would meet the relevant technology and risk management requirements,” the ASIC chairperson said. “This information sheet will be relevant for both existing licensees and startups.
