BlockchainNZ Pod E08 with Paul Stonham on Enterprise DLT & Tokenising Assets

Paul Stonham is the General manager of the DLT division at the Australian Stock Exchange. For the last few years the ASX has been developing an enterprise DLT that uses VMware’s blockchain and runs the DAML smart contract language. In this conversation we talk traditional finance getting into distributed leger tech and some of the use cases. Paul is a technologist always looking to improve efficiency; and we get into tokenisation of assets and the utility of NFTs.

Timestamps:
00:00 intro
00:41 background in traditional markets – derivatives markets from tech perspective
03:59 DLT as a service
08:41 is it a blockchain?
10:00 simplifying the path to adoption
12:45 enterprise client’s use cases
22:32 competitors hyperledger etc.
24:36 on trust in tokenisation of digital assets
27:45 real estate & tokenised land
30:26 web3, NFTs, & a metaverse
36:11 DLT fit at ASX
38:13 bcnz
40:52 rapidfire
43:35 fin

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Some notes from the show:

CHESS replacement with DLT https://www2.asx.com.au/markets/clearing-and-settlement-services/chess-replacement/about-chess-replacement

VMware blockchain https://docs.vmware.com/en/VMware-Blockchain/index.html

daml https://docs.daml.com/

BFT distributed systems https://en.wikipedia.org/wiki/Byzantine_fault

PBFT based on The Part-time Parliament paper https://dl.acm.org/doi/10.1145/279227.279229

Barclays, JPMorgan use haskell https://hackernoon.com/what-is-haskell-who-uses-it-and-where-can-you-learn-to-code-it-7xme32d0

KPMG & NSW Building Trustworthy Indicator https://home.kpmg/au/en/home/services/blockchain-services/blockchain-platform/building-trustworthy-indicator.html

Hyperleger https://www.hyperledger.org/

Corda https://www.corda.net/

Speed & Trust https://www2.asx.com.au/blog/insight-reports/blockchain-trends-2022/speed-and-trust

Culture’s new home on the blockchain https://www2.asx.com.au/blog/insight-reports/blockchain-trends-2022/nfts