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Kresus partners with Canton to advance blockchain from pilot to production
CryptoWorld News reports that Kresus has partnered with the Canton network to push institutional blockchain applications from the pilot stage into production, simplifying the deployment process for enterprises and financial companies. The partnership was announced on Monday in San Francisco and is intended to address the issue that many institutions are unable to move into full-scale operations after completing a blockchain proof of concept. Kresus said this collaboration will help organizations design, build, and deploy blockchain applications by combining its implementation capabilities with Canton’s enterprise-grade infrastructure.
The two companies have already begun working together on multiple projects, and more progress is expected in the coming months. Kresus is also partnering with leading global financial institutions to bring next-generation blockchain applications into production, supporting the development of tokenized digital asset platforms aimed at private-market assets. The platform will support the issuance and management of financial instruments aligned with real-world assets, promoting the use of traditional assets on blockchain infrastructure.