The key to unlock the exponential power of connection
The top 10 leading global investment banks are already participating in private-permissioned blockchains that use Daml and Canton.
These organizations and others using this technology arrange more than 75% of the world's syndicated loans.
$1.5 trillion in repo transactions a month are made using the Canton Network’s underlying technology: The smart contract platform Daml, and its embedded blockchain protocol, Canton.
With TestNet, applications built on Daml and Canton are being connected into an interoperable ecosystem. Banks and exchanges are exploring how the network can be used to build and connect digital securities issuance and registry platforms with asset servicing applications.
Soon we will see digital assets seamlessly connected to secondary market applications—for example, securities lending platforms—to transform risk management, liquidity, and operational efficiency. Other institutions are exploring the value of connecting their applications with providers of cash on ledger, whether in the form of tokenized bank deposits and money market funds, or digital currency.
With Daml and the Canton Network infrastructure now available with TestNet, it’s possible to create and test these scenarios today.