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Stock Transfer Firm, Blockchain Startup Partner to Build Securities Registry

Business deal

#Australian stock transfer company #Computershare is working with a UK-based #blockchain startup to create a securities registry using the #technology .

The plan is to use Setl’s tech foundation to facilitate the exchange of title from securities buyer to seller, with Computershare aiming to attract clients and users to the platform as it takes shape.....

Stuart Irving, chief executive of Computershare, told investors during the event that the technology – :

"We believe the commentary that blockchain is automatically 'bad for Computershare' is ill-informed and reflects incomplete analysis or competing vested interests. The focus should be on payments and trade settlement, not registry. The view that 'distributed ledger' technology means everyone will get a copy of a share register is naive.”...

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