One last insider look at DAML’s authorization system In a previous blog post, we discussed our introduction of conjunction choices to DAML. The novelty was that choices could be controlled by more than one party and each controller had to give their consent for the choice to be executed. Hence the name conjunction choice. Initially, the …

DAML allows developers to build distributed applications to meet multiple market structures Some have argued whether or not distributed ledger technology, or DLT, delivers on its promise of a generational leap over existing technology. The arguments tend to center around the DLT value proposition only being valid in a context involving a …

A peek behind the curtain at how DAML has evolved DAML—the open source smart contract development language—is the result of many years’ effort on the part of the Digital Asset language engineering team and the customers and partners who worked closely with us in our early access program. Lessons learned during those early years have been …

DAML models, tracks, and enforces smart contract rights and obligations In What properties must an enterprise smart contract language have?, Simon and Neil defined several properties that “a smart contract language must enable for it to be acceptable for automating financial workflows.” The first of these specified that “for the …