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The financial sector has shown an increasing interest in blockchain technology. The Australian Stock Exchange (ASX) is one of the many traditional finance institutions that have taken an interest in the technology. By 2027, up to 10% of the value of global Gross Domestic Product (GDP) would be secured using blockchain technology, according to the World Economic Forum. Data services can also see benefits from the application of the technology for the data-driven data generator ICTs and the information technology industry.