📰 CRYPTO NEWS
The Canton Foundation has just awarded RedStone 15.8 million Canton Coin to develop a pricing standard within its network. The idea is that institutions operating on Canton can access shared market prices without having to reveal the details of their operations to data providers, something that has historically been a major concern for large institutional players. Basically, RedStone is going to build a pricing tool that combines transparency in data with privacy in transactions. This gives Canton, a network focused on institutional finance, a key piece of infrastructure so banks and funds can operate with greater confidence. It’s worth asking whether this kind of privacy solution for institutions could be the definitive bridge that finally connects traditional finance with the crypto ecosystem.
What do you think? I’m reading you in the comments 👇
The Canton Foundation has just awarded RedStone 15.8 million Canton Coin to develop a pricing standard within its network. The idea is that institutions operating on Canton can access shared market prices without having to reveal the details of their operations to data providers, something that has historically been a major concern for large institutional players. Basically, RedStone is going to build a pricing tool that combines transparency in data with privacy in transactions. This gives Canton, a network focused on institutional finance, a key piece of infrastructure so banks and funds can operate with greater confidence. It’s worth asking whether this kind of privacy solution for institutions could be the definitive bridge that finally connects traditional finance with the crypto ecosystem.
What do you think? I’m reading you in the comments 👇