Canton Network Unveils Revolutionary Global Synchronizer for Financial Asset Exchange

July 3, 2024
Canton Network Unveils Revolutionary Global Synchronizer for Financial Asset Exchange
  • The Canton Network has launched the Global Synchronizer, a decentralized infrastructure for regulated financial asset exchange.

  • Prominent industry players such as Digital Asset, EquiLend, and Tradeweb participate as super validators, nodes, or application developers.

  • The Global Synchronizer Foundation, in collaboration with the Linux Foundation, oversees transparent and decentralized governance.

  • Canton Coin is introduced to motivate developers and infrastructure providers to create applications on the network.

  • Hyperledger Labs has open-sourced technology for decentralized synchronization domains, promoting further infrastructure development.

  • The new infrastructure aims to revolutionize financial transactions by enhancing efficiency, reducing costs, and minimizing risks in global capital markets.

Summary based on 3 sources


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