CBTC is the first wrapped, 1:1 backed Bitcoin on the Canton network. This can be minted/redeemed to/from native bitcoin via our secure, decentralized bridge. CBTC will be used for trading, lending, and settlement flows on Canton.
We have developed a BFT solution based on the decentralized-party design model, which requires a threshold of members in order to exercise an option on the DAML app, while not requiring all participants to respond (in case of downtime, malicious intent, etc).
Learn more about CBTC here: https://hub.bitsafe.finance/cbtc-overview
Learn more about our Bitcoin yield products here: https://www.bitsafe.finance/
Roles
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Network Utility
- Tokenized Assets
Global Synchronizer