Digital Asset to Open DAML Source Code

DAML is programming language designed to create smart contacts
05 April 2019   280

Digital Asset opened source code of DAML programming language, designed to create smart contacts. SDK is available too, both under Apache 2.0 license.

As reported, DAML is based on Haskell; it's a functional programming language that has many Haskell characteristics, for example, strong typing. It allows developers to focus not on the complexities of the blockchain technology, but on the logic of the applications. This significantly reduces the time to market new products.

There are multiple blockchain platforms, each designed for different needs. DAML is the most suitable language to rapidly write secure distributed applications regardless of the platform. By open sourcing DAML, our goal is to enable rapid innovation across the industry by allowing users to focus on developing value for their business and leveraging a variety of deployment options.

Shaul Kfir 

Co-founder and Chief Technology Officer, Digital Asset

ABN AMRO, Accenture, Australian Securities Exchange (ASX), BNP Paribas, Broadridge Financial Solutions, Calastone, Change Healthcare, The Depository Trust & Clearing Corporation (DTCC), Forms Syntron, GFT, Hashed took part in the SDK beta testing Health, Hong Kong Exchanges and Clearing (HKEX), Industrie & Co, IntellectEU, MV37, Nomura Research Institute Singapore Exchange and UBS.

Digital Asset to Join Forces With ISDA

Companies are going to created code library that will help derivatives market participants use the ISDA CDM, standards solution for derivates trading
11 April 2019   260

Leading global blockchain solutions developer Digital Asset Holdings and the International Swaps and Derivatives Association (ISDA) are creating an open source library that will make it easier for derivatives market participants to use the Common Domain Model (CDM).

CDM is the first industry solution to respond to the lack of standards and the dominance of inefficient manual processes in derivatives trading.

Using the DAML programming language created by Digital Asset, the necessary tools will be created for developers to interact with CDM.

Earlier, Digital Asset opened source code of  DAML programming language for writing smart contracts and the Software Development Kit (SDK) in accordance with the Apache 2.0 license.