Industries Launches its own Blockchain
The business community seems to be regretting its ignorance about crypto; it has developed its own blockchain known as Canton.
What is Canton Network?
Canton Network is the DAML smart contract language developed by Digital Asset, which defines eligibility to view and change a given contract, this l Canton a scalable and privacy-enabled blockchain platform. Canton's Protocol allows individual ledgers to merge into a global ledger. The Daml smart contract language defines who is entitled to view and who is authorised to change a given contract.
Developers of Canton
France's international bank group BNP Paribas, Chicago-based security and commodity exchange company Cboe Global, Washington-based IT company Microsoft, New York-based investment bank Goldman Sachs, England's professional service company Deloitte, etc. They have released this blockchain in agreement with technology companies like New York-based Digital Asset and Paxos.
Is The Market Ready for Canton?
The business community is embracing blockchain technology because of the success of crypto, so this new blockchain is ready to launch new tokens. While the cryptocurrency market is locked in a fierce battle with the bears, Canton tokens are ready to come out with the support of global business leaders.