S3E20 Canton: The World's Most Ambitious Blockchain Network w. Yuval Rooz (CEO, Digital Asset)
Blockchain Won't Save the World - A podcast by Anthony Day
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One of the most insightful shows EVER! Web3 is not about siloed, slow, monolithic databases. It’s about open, interoperable, innovative platforms available to all. And Canton Network promises to be the missing link to connect the world’s global financial system with Blockchain.Canton only recently announced its whitepaper and vision, but has already made quite an impact. With tech companies and financial giants like Goldman Sachs, Deloitte and Microsoft as founding members, there’s some serious scale and value already accessible to the network.I’m joined by Yuval Rooz, CEO of Digital Asset, and one of the architects of Canton, who will give us the full story of how Canton was formed, how he plans to construct a decentralised network of DLTs across the globe, and what’s in it for the average citizens of Earth…In this show we talk about:- The history of Digital Asset and recent DA projects- Canton’s vision and how the consortium was started- The Canton problem statements: 1. Lack of privacy (all data published to all nodes) 2. Unpredictable fees / competition for block space- How Canton technology compare to other options for Financial Services e.g. DLTs (Corda, Fabric), Public Chains (Ethereum, Ripple), or traditional APIs- How Canton creates value for consortium members- How Canton can foster open innovation, in the spirit of DeFi / Public networks- The next steps on the Canton roadmap