#Bitcoin #network #Blockchain #FinanzasGlobales
40 financial networks test the Cryptocurrency network in the midst of the Bitcoin bull run.
A pilot test connecting banks was one of the largest capital experiments.
- 350 simultaneous and simulated transactions were carried out.
- The tests were analyzed with the objective of testing the benefits of the infrastructure that cryptocurrencies handle.
the company behind Canton Network, Digital Asset, along with large banks such as BNY Mellon, Goldman Sachs and even stock markets such as Cboe Global Markets; They completed the pilot project “that demonstrated the interoperability of 22 decentralized applications (dApps) in the capital markets domain.”
According to what was explained, 350 simulated transactions were successfully executed, demonstrating “how a network of interoperable applications can seamlessly connect to enable secure and atomic transactions in multiple parts of the capital markets value chain.”
The pilot “also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.”
In detail, entities such as BNY Mellon, Broadridge, DRW, EquiLend, Goldman Sachs, Oliver Wyman, Paxos, abrdn, Baymarkets, BNP Paribas, BOK Financial, Cboe Global Markets, Commerzbank, DTCC, Fiùtur, Generali participated in the Canton Network pilot Investments, Harvest Fund Management, IEX, Nomura, Northern Trust, Pirum, Standard Chartered,
State Street, Visa and Wellington Management. The Deloitte company acted as an observer and Microsoft as a supporting partner.
