A new language for a new paradigm: smart contracts

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DAML - a language purpose-built for the exchange of value

In Distributed Ledgers need more than traditional design patterns, Shaul asserted that because Distributed Ledger Technology (DLT) is a fundamentally new paradigm for operating applications that span multiple untrusted actors, programming languages used to build applications for more traditional environments are insufficient for writing smart contracts.

What, then, should a DLT contract language look like?

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