Crypto Flowdesk Market Maker joins the Canton network of Blockchain – Bedger Insights

FlowdeskThe cryptocurrency market maker has become the latest participant in the Canton Network Initiative to create an advanced solution on a series of guarantee and margin management in dual coding derivatives. By working alongside digital assets, QCP, and various commercial parties, Flowdesk will contribute to building an innovative infrastructure that uses the capacity of the Canton network.

This cooperation aims to face the ongoing challenges in circulating cryptocurrencies, especially high capital requirements for guarantee. Flowdesk will enhance efforts to develop an economic and organizational framework for margin management using Blockchain technology.

The Canton Global Global network, which was already attracted by a few players in this field. Aside from the institutional trading place in Singapore, Circle has announced plans to launch an original version of USDC Stablecoin on Canton. This is followed by its acquisition of Hashnote, which has already been launched at MMF USC MMF on Canton.

“The Canton Network shows the ability to manage the guarantee and margin on the chain, and is compatible with the Flowdesk mission to create a developmentable and powerful infrastructure for the economy of digital assets.”

The main features of the platform will include smart contract guarantees compatible with ISDA CSA and automatic processes to process margins and conflict resolution.

Earlier this year, Flowdesk ended the $ 102 million stock financing round in addition to debts of the managed Blackrock.

Side mobility is widely considered a prominent use of the Distributed Professor Book of Professor and Digital Assets that address the challenge from different angles. For example, recently I collaborated with Euroclear to Symbolic guarantees To enable immediate transfers of non -cash assets to meet the requirements of the margin.