is Asia’s leading market infrastructure, operating equity, fixed income, and derivatives markets to the highest regulatory standards. As a global multi-asset exchange, we believe that technology is fundamental to power the transformation of critical financial-market infrastructures.Blockchain is a frequently misunderstood technology, yet it is also one of the most promising areas of innovation today for specific use cases that involve transactions at scale.
In the last century came automation, ticker tapes, and the age of computers, which saw markets move online, led by the exchanges. Gone were the couriers scurrying around the financial centers carrying briefcases of stock certificates, replaced by giant mainframe computers and terminals. Unlike many of the e-commerce ecosystems, financial institutions today still operate very heavy datacenter footprints. Over the years, the need for highly secure and mission-critical environments has led to overbuilt networks and infrastructures that cater to peak demand but operate at low efficiency.
The true differentiator is in the blockchain application, not the mechanics of the ledger. Coding smart contracts to accurately and efficiently represent real-world business transactions is the key factor that will drive transformation in financial markets.These factors led to our work with AWS to move our existing investments in Hyperledger Fabric to Amazon Managed Blockchain.