Canton Network, a public, permissioned blockchain, is positioning itself as a solution for financial institutions seeking to mitigate security risks in decentralized finance (DeFi). According to Yuval Rooz, co-founder and CEO of Digital Asset, the network allows participants to implement security measures for their subnets and digital assets, making it difficult for hacker groups, such as those linked to North Korea, to exploit these systems. Since 2017, North Korean hackers have reportedly stolen over $6 billion in cryptocurrency. Rooz emphasized that while Canton can offer environments similar to unrestricted networks like Ethereum, security parameters are crucial for most consumer-facing applications. The ability to control access and block potential threats is a key selling point for institutional investors, particularly in light of recent high-profile hacks, such as the $290 million Kelp DAO incident. Despite criticisms of centralization, Rooz argues that the ability to quickly stop malicious actors will become an essential standard in the DeFi space.