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A comment on ASX drops plan to replace CHESS with blockchain, writes off $250M AUD. Parent comment

Re:ASX drops plan to replace CHESS with blockchain, writes o... by urthor on Thursday November 17, 2022 @05:53AM (#33637250)
It's even crazier talking to the people involved.

The project got the underlying Blockchain tech from VMware... AND had a requirement for a backup "traditional" RDBMS system.

So, complete feature duplication of the core, mission critical application.

Scope creep was crazy. Someone who doesn't understand the technology went "blockchain yeah sure mate let's go."

Good project managers are so important.

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Re:ASX drops plan to replace CHESS with blockchain, writes o... by manquer on Thursday November 17, 2022 @06:49AM (#33637655)
Good PMs would be replaced when they say a firm no in such top down projects
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by dopidopHN on Thursday November 17, 2022 @07:53AM (#33638206)
Yeah that my thougt as well. That type of things fall from the sky on PM and they have to deal with the new direction.

Maybe product director / VP or whatever

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Re:ASX drops plan to replace CHESS with blockchain, writes o... by threeseed on Thursday November 17, 2022 @07:14AM (#33637876)
> Good project managers are so important.

That's more an issue with Product Management.

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Re:ASX drops plan to replace CHESS with blockchain, writes o... by lethal-radio on Thursday November 17, 2022 @10:05AM (#33639821)
It could also be an issue for Program Management or even Engineering Management. All of those roles can be flexible from company to company, and many companies do not staff every effort with all of those roles.
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by rchaud on Thursday November 17, 2022 @08:18AM (#33638427)
> So, complete feature duplication of the core, mission critical application.

A requirement likely put in place by someone who realized that even if executed properly, a blockchain solution would do no better than what the "legacy" RDBMS already could.

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