The Australian Securities Exchange (ASX) to Build New Distributed Ledger With VMWare. ASX is working with fin-tech company Digital Asset,  ledger solution for CHESS. VMware is now part of the mission we share with ASX to deliver a DAML-based distributed infrastructure. This is to realize the full potential of this technology.”

The new partnership “confirms our belief in the potential of DLT as we remain on track to deliver the CHESS replacement system in March-April 2021,” said Peter Hiom, deputy CEO of the ASX, in Monday’s statement.

Australian Securities Exchange (ASX) to Build New Distributed Ledger With VMWare. Digital Asset is a world leader in DLT, the creator of DAML, and ASX’s CHESS replacement technology partner. VMware is server virtualization, and cloud computing software provider listed on the New York Stock Exchange.

The present platform of ASX takes care of approximately $2 trillion AUD in registered shares and processes $5 billion AUD daily.

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