VMware Announces Availability of Enterprise Blockchain Platform
Summary
A wave of building new critical infrastructure is underway for applications in financial services, manufacturing- and retail-driven supply chain, and healthcare industries that leverage blockchain technologies to help address the pain points experienced with disconnected, siloed systems. Now even competitors can collaborate on a distributed ledger with both trust and privacy.” VMware and Digital Asset have also been partnering with highly innovative customers, including Broadridge Financial Solutions and Australian Securities Exchange (ASX), that require resilient enterprise-grade technology as their foundation. This creates a single, shared and trusted, source of truth enabling the automation and digitization of repo processes, and reducing reconciliation efforts.” As one of the world’s top 10 listed exchange groups, ASX executes millions of trades every month with hundreds of thousands of investors relying on its infrastructure. “The combination of VMware Blockchain and Digital Asset’s expertise in smart contracts and distributed ledger technology is the right partnership to help us transform and modernize Australia’s financial market infrastructure,” said Dan Chesterman, chief information officer of ASX. It’s reshaping financial services, for example, by reimagining how transactions are executed, from payments to post-trade processing,” said David Treat, senior managing director, Global Blockchain and Multiparty Systems Lead, Accenture.
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