Digital Asset’s DAML smart contract language works on most enterprise blockchain platforms and several databases. But the goal the company is working towards is blockchain interoperability.
It’s worth remembering that the company is backed by a slew of heavyweights in both the technical (VMWare, Salesforce, Samsung, IBM, Accenture) and capital markets space (ASX, Broadridge, Citi, Deutsche Börse, DTCC, JP Morgan, Goldman Sachs).
DAML currently offers the ability to write an application that can work on multiple distributed ledger technology (DLT) platforms, which is a huge benefit. For applications that leverage DAML, in future blockchain interoperability will enable a workflow to move across blockchain networks and tokens to move between them.
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