What is Canton Network?

An introduction to Canton Network and its unique architecture.

cantonblockchainbasics

Overview

Canton Network is a privacy-enabled interoperable blockchain network designed for institutional use. Unlike traditional blockchains, Canton uses DAML smart contracts and supports atomic transactions across multiple applications.

Key differentiators:

  • Privacy by design β€” Transaction data is only visible to participants
  • Interoperability β€” Applications can transact atomically across the network
  • Institutional grade β€” Built by and for major financial institutions
  • DAML β€” Uses the DAML smart contract language (by Digital Asset)

Who Built Canton?

Canton Network was created by Digital Asset and is governed by a consortium of major financial institutions acting as Super Validators. The network is designed to bring institutional finance on-chain while maintaining the privacy and compliance requirements that regulated entities need.