DAS LONDON AGENDAView quoted post on X
Tokenised Markets in Practice: Cash, Collateral, & Settlement with @bankofengland, Benjamin Santos-Stephens, & @davebarna
Tomorrow Nov 11 in London.
Dave Cunningham
Verified account Consensys.eth@davebarna
President and Chief Business Officer @consensys | Digital Assets | | Yoga | Golf | Co-founder @portershed
All views mine alone.
All views mine alone.
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Consensys wants banks to trade across separate blockchains without bridgesView quoted post on X
@Consensys unveiled Sovereign Network Interoperability today at Devcon in Mumbai, a product that lets banks, custodians, and fund managers settle deals with partners on other ledgers. Assets never leave their home ledgers, and each step is checked with cryptographic proofs rather than a trusted middleman.
It works with Ethereum-compatible networks today, and Consensys plans to add @CantonNetwork ($CC) next. The company named four uses: posting collateral, settling tokenized securities against payment, swapping currencies between banks, and moving idle cash in and out of tokenized money market funds.
Until today, institutions faced a binary choice between public and private blockchains. It wasn't really a choice, because risk and controls said you couldn't have privacy on public networks. Now you can. Great for Institutions for seamless connectivity to each other and @LineaBuild and @ethereum lnkd.in/p/d3bagt8r
@renemichau on the mic dropping truths as usual at @swiftcommunity Sibos
Phenomenal leadership @DeclanFox14
Proud to be alongside you on this journey. 馃敟馃敟馃敟
Proud to be alongside you on this journey. 馃敟馃敟馃敟
Consensys has spent the last decade building and maintaining core infrastructure across the Ethereum ecosystem - Besu, Teku, Lineth - and we continue to deliver the L1 strawmap with our L1 guest program (Zesu), lean consensus, and our RISC-V zkVM prover.View quoted post on X
More recently, we've been very busy helping to onboard regulated financial institutions to Ethereum (more announcements on this very soon!) using this infra, and now we have a lazer focused organization to execute with.
As we shift towards an ever expanding balance of sovereign people, communities, countries, and networks, nurtured by a matrix of decentralized trust, I'm incredibly excited to be leading our talented product and engineering teams on this journey.
The Summer of Ethereum Love 馃