Canton Network Welcomes Chainlink Labs as Super Validator
Canton Network, a blockchain platform catering to institutions, has welcomed Chainlink Labs as a Canton Network super validator. This appointment brings Chainlink's robust data solutions to the platform, further bridging decentralized solutions with traditional capital markets.
Launched in May 2023, Canton Network has swiftly gained traction, boasting over $6 trillion in tokenized real-world assets and facilitating $280 billion in daily repurchase agreements. It operates with a base of 500 validators, including more than 30 super validators.
Chainlink's integration brings access to real-time data streams, proof-of-reserve verification, NAVLink services, and the Cross-Chain Interoperability Protocol (CCIP). This enhances Canton Network's capabilities and strengthens its governance and resilience. The inclusion of Chainlink also expands opportunities for innovators working across decentralized and traditional financial ecosystems.
Other notable additions to Canton Network include P2P.org as a validator and BNP Paribas and HSBC as part of the Canton Foundation. These partnerships further bolster Canton Network's credibility within traditional finance circles.
With Chainlink Labs now operating as a hybrid node, combining the roles of domain validator and synchronizer, Canton Network continues to grow and evolve. Its strategic partnerships and robust validator base position it as a significant player in the institutional blockchain space, facilitating seamless interaction between decentralized solutions and traditional capital markets.
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