Canton Network Unveils Revolutionary Global Synchronizer for Financial Asset Exchange
July 3, 2024The 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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Sources
Markets Media • Jul 2, 2024
Canton Network’s Global Synchronizer & Canton Coin Go LiveSymposium • Jul 1, 2024
Canton Network launches new decentralised interoperability infrastructureDisruption Banking • Jul 2, 2024
The Canton Network’s Global Synchronizer and Canton Coin Go Live