Blockchain starts transition from hype to everyday use in markets

Taking the stage at an industry conference this year, Peter Hiom, deputy chief executive at Australia’s main stock exchange, announced that his remarks would touch on blockchain — “everyone’s favourite topic” or, he joked, “the new black”.

The technology behind digital currency bitcoin has been much discussed in finance. But so far a lot of the talk falls into two categories: education — understanding what the technology is and how it might work in different areas of banking and markets — and hype. Some of blockchain’s most zealous supporters and early investors argue it could bring significant change.

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