Digital Asset's co-founder and CEO, Yuval Rooz, discusses the evolution of blockchain technology in financial services and the development of the Canton Network. Rooz reflects on the early days of Digital Asset, inspired by Bitcoin's potential to disintermediate financial services, and highlights the importance of understanding regulatory requirements. He shares lessons learned from large-scale technology projects, such as the Australian Stock Exchange initiative, emphasizing incremental migrations over "big bang" approaches. Rooz contrasts Digital Asset's approach with that of other crypto projects, stressing the need to appreciate the challenges faced by traditional financial institutions. The conversation explores Canton's unique tokenomics, which rewards users and apps, and its strategy of bringing high-quality assets onto the network to foster Web3 innovation.
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