Financial technology company Digital Asset announced on May 9 that it will launch a privacy-enabled interoperable blockchain network, the Canton Network, to provide decentralized infrastructure for institutional investors.
Canton Network participants include many leading companies including BNP Paribas, Deloitte, Cboe Global Markets, Goldman Sachs, Broadridge, S&P Global and Microsoft. are in a row.
“The Canton Network is a powerful answer to the industry’s call for solutions that harness the potential of blockchain while maintaining the basic privacy requirements demanded by institutional investors,” said Cumberland, another network participant. ) said Chris Zuehlke, global head of .
“This unique approach brings these workflows on-chain, along with the ability to perform atomic transactions (trading between two blockchains without the need for a third party) across multiple smart contracts. It will be a necessary component for
Canton Network will connect applications built on Digital Asset’s smart contract language ‘Daml’ to achieve interoperability and synchronization of various systems in financial markets.
Jens Hachmeister, Head of Issuer Services and New Digital Markets at Deutsche Börse Group, added: “Solutions like this are an important component of the digital and decentralized financial market infrastructure of the future. become a factor,” he said.
Digital Asset provides and owns the technology that underpins the infrastructure, the Daml smart contracts, and the Canton protocol that enables the applications, but the network itself is owned by participants, including Digital Asset.
｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
｜Image: Conton Network website (capture)
｜Original: Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others