HSBC and BNP Paribas join Canton, a privacy-focused blockchain

Odaily Planet Daily News HSBC and BNP Paribas have announced that it has joined Canton Network, a licensed, privacy-focused blockchain popular with banks and large financial institutions. Previously, Goldman Sachs and Moody's joined in March this year. Canton Network currently uses a licensed blockchain and is equipped with a "global synchronizer" that allows transactions and settlements across different networks without compromising data control.