Eric Saraniecki (Canton Network) on why decentralizing the “right layer” matters

Finance is the last industry on earth where pressing a button does not make something happen instantly, and Eric Saraniecki, Co-founder of Canton Network, has spent 12 years building the blockchain infrastructure designed to finally change that.Canton Network is the public permissionless blockchain with privacy that Goldman Sachs, DTCC, Nasdaq, BNY and 600+ institutions have quietly chosen as the foundation for the next era of on-chain finance. While most of crypto was debating decentralisation, Eric and his team were in the rooms that matter, convincing the most risk-averse institutions in the world to move trillions in real assets onto a single composable network. In this deep-dive founder conversation with host Sri Misra, Eric unpacks the thesis that has guided 12 years of building, why composability is the only blockchain innovation that actually matters, why ZK proofs solve the wrong privacy problem, what the DTCC's decision to tokenize US Treasuries on Canton means for every RWA platform alive today, and why the DeFi versus TradFi debate is a false binary that Canton is already making irrelevant.What you will learn in this episode:👉Why Eric says there is no composability across chains, none, period, and why that single fact determines which blockchain wins the institutional finance endgame👉How Canton Network generates $3.25 million in daily fees with 5.5% of all Canton Coin already burned, before its largest institutional volume catalyst, the DTCC Treasury tokenization, has even gone live👉Why anonymity and institutional privacy are completely different problems, and why ZK proofs and FHE are the wrong solution for stablecoins, RWAs and regulated DeFi👉How Eric convinced Goldman Sachs, Broadridge and the DTCC to build in production, not in pilots, on Canton, and the one word he uses to describe what institutions feel when they first see it👉Eric's prediction on the multi-chain world, the AllFi thesis that merges DeFi and TradFi into a single composable network, and why the DTCC going live is the beginning for everyone, not the end for anyoneIf this episode gave you a sharper view of where institutional blockchain and on-chain finance are heading, subscribe to alpha un# and follow host Sri Misra on LinkedIn and X for more founder-to-founder conversations at the frontier of DeFi and global finance.Chapters:00:00 - What Is Canton Network Really 02:26 - Inside Out, Canton's 12-Year Strategy 04:54 - Composability, the Flaw Every Chain Ignored 10:43 - Decentralisation Does Not Equal Trust 17:06 - Canton Coin Burn and Durable Fee Revenue 22:45 - DAML vs EVM, Privacy Built Into the Language 27:21 - No Composability Across Chains, None 31:28 - ZK Proofs Cannot Save Regulated Finance 35:47 - Why Banks Feel Relief Not Excitement 39:47 - Broadridge, $400 Billion Daily on Canton 41:05 - DTCC Tokenizing Treasuries, The Full Picture 45:26 - DTCC Goes Live, Beginning Not End 46:19 - From DRW Trading Pits to Fixing Finance 49:11 - Canton's Vision, Networks Over Headlines#EricSaraniecki #CantonNetwork #DigitalAsset #InstitutionalDeFi #RWATokenization #BlockchainPrivacy #OnChainFinance #DeFiInstitutional #CantonCoin #DTCC #UST #Tokenization #Composability #DAML #ZeroKnowledge #Stablecoins #Web3Institutional #TradFiOnChain #BlockchainFinance #AlphaUnhashed #CryptoFounder #Web3Podcast #DeFiTradFi #AllFi #Broadridge #GoldmanSachs #FounderToFounder #CryptoInvesting #InstitutionalBlockchain #realworldassets Disclaimer: The information presented is for educational purposes only. Views expressed are those of the speakers, not necessarily the channel. You are responsible for your own research and decisions.Copyright: © 2024 Aarna AI Pte Ltd, Singapore. All rights reserved.