Microsoft, Goldman Sachs, others partner in new blockchain network By Cointelegraph

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A new blockchain network aimed at financial institutions is in the works from a conglomerate of participants in the finance and tech space, including the likes of Microsoft (NASDAQ:) and Goldman Sachs (NYSE:).

According to the announcement on May 9, the Canton Network will be a privacy-enabled interoperable blockchain network aimed at those working with institutional assets. It will allow the synchronization of financial markets that were “previously siloed.”