On Friday, Japan’s SBI Holdings announced an investment in Digital Asset and a plan to create an equally owned joint venture. The project will involve programmable money, including a “smart yen” and aims to target Japan and East Asia.
Digital Asset’s Daml is a smart contract language that can work with multiple blockchains or centralized databases and enables interoperability.
For the joint venture, Daml will integrate with existing payment infrastructures as an additional layer, enabling a flexible rewards system optimized for each customer.
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