Fintech Consortium To Launch Interoperable Blockchain Network For Financial Market


A consortium of companies in the financial and technology sectors are set to launch a first-of-its-kind privacy-enabled interoperable blockchain network that will be a ‘network of networks’ which allows previously siloed systems in financial markets to interoperate with the appropriate governance, privacy, permissioning and controls.

Powered by Digital Asset, the Canton Network is an open blockchain network with the privacy and controls required for highly-regulated industries. The network is designed for institutional assets and built to responsibly unlock the potential of synchronized financial markets.

Canton Network participants include ASX, BNP Paribas, Broadridge, Capgemini, Cboe Global Markets, Deloitte, Deutsche Börse Group, Digital Asset, The Digital Dollar Project, Goldman Sachs, EquiLend, IntellectEU, Umbrage, Microsoft, Moody’s, Paxos, S&P Global and SBI Digital Asset Holdings.

The Canton Network will provide a decentralized infrastructure that connects independent applications built with Daml, Digital Asset’s smart-contract language. It will enable financial…

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