Beyond Bitcoin: Bankers Are Doing Grown-Up Stuff With Blockchain Now

Ten years ago, Australia’s main stock exchange decided its future lay in a radical shift to clearing and settling share trades using the blockchain. The idea was to exploit the useful bits of crypto technology, while steering clear of all the speculative mania around digital money. But it ended up just like Mark Zuckerberg’s metaverse: costly, slow to implement and eventually shelved.