### What is Canton (CC)?
Canton (CC) is the native token of the Canton Network, a privacy-preserving and interoperable blockchain ecosystem designed for institutional finance. The network allows regulated financial institutions to synchronise tokenised assets, payments, and complex workflows while maintaining strict compliance and confidentiality.

Canton connects individual applications into a unified ecosystem where institutions can transact securely without exposing private data. CC supports this coordinated environment by powering transactions, enabling participation in network operations, and supporting long-term ecosystem activity.

### How does Canton (CC) work?
Canton is built on DAML, a smart contract language designed for privacy, correctness, and multi-party financial workflows. Unlike public blockchains where all data is visible to everyone, Canton enables selective data sharing so that only authorised participants can view or interact with specific transactions.

The network’s core innovation is the Global Synchronizer, a system that allows separate applications to coordinate state changes without sharing sensitive information. CC is used within this model to support transaction processing and help maintain secure synchronisation across the network.

This architecture allows Canton to handle real-world, institution-grade applications that cannot operate on traditional public chains.

### What is CC?
CC is the utility token that powers the Canton Network. It is used to:
- Process and support synchronised transactions  
- Participate in network operations  
- Align incentives for contributors and validators  
- Enable compliant, privacy-focused financial workflows  

CC is designed for functional use within the network rather than speculation. Its purpose is to support secure activity and coordination across regulated financial applications.

### What are the potential use cases for Canton (CC)?
Canton is built to support high-value, regulated financial use cases. CC is used within these workflows to facilitate transactions and coordinated operations across the network. Key use cases include:
- Tokenisation and lifecycle management of real-world assets  
- Collateral mobility between financial institutions  
- Privacy-preserving settlement and clearing  
- Fund administration, custody, and asset servicing  
- Institutional-grade DeFi and multi-party financial workflows  

The network is backed by major global institutions including Goldman Sachs, Microsoft, BNP Paribas, Paxos, Broadridge, DTCC, Cboe, and others that are building applications and infrastructure on Canton.

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