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Digital Asset open sources smart contracting language DAML for use on other blockchains

digital asset DAML
Today enterprise blockchain company Digital Asset Holdings (DA) announced that a significant part of its technology, the DAML smart contracting language is now open source. It’s part of a plan to integrate DAML with other distributed ledgers as well as non-DLT solutions. Digital Asset is perhaps best known as the distributed ledger technology partner for the Australian Securities Exchange (ASX) settlement system and other projects with Broadridge and the Hong Kong Exchanges and Clearing (HKEX). It raised more than $110 million from 15 big names. Many are from the finance world including Broadridge, Citi, DTCC, JP Morgan, Goldman Sachs and others. Technology companies such as IBM and Accenture also invested. Today’s news comes just two weeks after the firm announced Yuval Rooz as the new CEO following the departure of Blythe Masters in December.

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Image Copyright: Digital Asset Holdings