Blockchain Startup Digital Asset Launches Developer Program For DAML

Announcements, Blockchain | April 20, 2018 By:

Blockchain startup Digital Asset has launched a developer program built around its enterprise smart contract language, DAML (Digital Asset Modeling Language).

DAML is specifically designed for use in distributed ledger applications that align financial business processes between organizations. Relative to other languages, the company said DAML’s design reduces the risk of developer automation errors and guarantees the integrity and confidentiality of a shared, trusted record of value transfer.

The new program will provide developers with tools and training so that they can use DAML to model sophisticated, multi-party applications that run on the Digital Asset platform. It will also provide access and training for the DAML Software Development Kit (SDK), a suite of tools to accelerate application development.

A number of Digital Asset’s partners and clients, including Accenture, GFT, IntellectEU, ASX, ABN AMRO, and The Depository Trust & Clearing Corporation (DTCC), have already joined the private beta of the developer program. More than 100 developers at partner and client organizations that participated in the beta phase have already been trained.

“Our clients and partners can now independently build applications for the Digital Asset Platform,” said Blythe Masters, CEO of Digital Asset. “DAML is the only smart contract language tested at the scale needed for a national market infrastructure replacement project. By opening access to a wider range of participants we are extending the application ecosystem around the Digital Asset Platform and empowering our customers to innovate.”

“Working with DAML has allowed our developers to build applications quickly and easily without having to worry about the underlying complexity of the distributed system, manually manage data segmentation, or rely on cryptography for privacy,” said Hanna Zubko, CEO of IntellectEU. “By partnering with Digital Asset, we at IntellectEU can serve our clients faster utilizing secure smart contracts.”

Founded in 2014, Digital Asset is a provider of enterprise distributed ledger solutions. It has more than 140 employees working and serving global clients from New York, London, Zurich, Budapest, Sydney and Hong Kong. In 2016, the firm became a founding premier member of the Linux Foundation’s open source initiative, Hyperledger, to drive the adoption and standardization of distributed ledger technology. In 2017, the company partnered with the Australian Securities Exchange to help the ASX replace its post-trade infrastructure for cash equities with blockchain technology.