Canton Network: The Exponential Power of Connection
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About this video
Introducing the Canton Network - a new approach to distributed ledger technology that strikes a balance between decentralization and privacy for financial markets. Powered by Digital Asset's smart-contract language, Daml, and the Canton blockchain protocol, the Canton Network is a decentralized infrastructure that connects independent Daml applications. Doing so creates a 'network of networks', enabling previously siloed systems in financial markets to interoperate with appropriate governance, privacy, permissioning, and controls required for highly-regulated industries. Finally, a blockchain financial institutions can say ‘yes’ to.
#PowerfulConnections #CantonNetwork
Transcript
158 wordsCaptions as YouTube publishes them, usually machine-generated, so names such as Daml and Canton can be misheard.
- 0:00
those who carried the weight of our world's Financial systems who have been eyeing the promise of a better way to do business bear the responsibility of having to say no all too often no decentralization doesn't remove my need to be compliant no complete transparency doesn't protect our customers data no interoperability can't require forfeiting control and the truth is until now the no's have been right but to us saying no wasn't the end of
- 0:34
innovation it was the inspiration for a better solution so we designed a network the largest financial institutions in the world can finally say yes to a network on which we can build the fundamental connections that create new value connections established by need and utility connections that Forge New synchronized and seamless economies and connections that catalyze significant undeniable change connections that to be clear have been impossible
- 1:10
until now that's the cancel Network Canton the exponential power of connection