Microsoft, Goldman Sachs, and Other Big Firms Back New Financial Blockchain
Financial firms such as Deloitte, S&P Global, and Moody's have come together to launch the Canton Network, a blockchain designed to streamline financial markets with Web3 technology. The network seeks to provide companies with decentralized infrastructure to make transactions more efficient, while allowing for synchronization of assets, data, and cash across applications. This could enable financial institutions to offer new products and enhance their efficiency and risk management.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Microsoft, Goldman Sachs, and Other Big Firms Back New Financial Blockchain
Financial firms such as Deloitte, S&P Global, and Moody's have come together to launch the Canton Network, a blockchain designed to streamline financial markets with Web3 technology. The network seeks to provide companies with decentralized infrastructure to make transactions more efficient, while allowing for synchronization of assets, data, and cash across applications. This could enable financial institutions to offer new products and enhance their efficiency and risk management.