Broadridge Reimagines Repo Markets with Smart Contracts and Distributed Ledger Technology

On June 14, Broadridge Financial Solutions announced it went live with its Distributed Ledger Repo platform, averaging daily volumes of over $31 billion in repurchase (repo) transactions. Powered by Daml’s application framework and VMware Blockchain’s distributed ledger technology, this solution not only creates better and more efficient repo transactions but also—and more...
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It’s virtual event season, where will you be in June?

With the virtual event season hard upon us, we published a special edition of Interconnected solely focused on events over the next month. In the coming weeks, our subject matter experts are speaking at a number of events on a variety of topics from Central Bank Digital Currency to digital assets, digital identity, decentralized finance, capital markets trends, innovation in technology,...
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Digital Asset Open Sources Daml Code for CBDC Interoperability

Over the past year, CBDCs have emerged as the holy grail of cross-border payments, making payments faster and more cost-effective for wholesale and retail markets. While CBDCs promise to deliver significant value, there are several hurdles central banks need to clear. Top of mind is which technology to use – DLT, centralized database, or existing rails and with that comes the question...
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Deploy an end-to-end digital asset trading platform in 20 minutes

Digital Asset and Exberry have teamed up with Baymarkets to add clearing to their end-to-end digital asset exchange platform. For the first time, and with the integration of Baymarkets Clara Clearing System, market participants can register, trade and clear traditional, alternative and digital assets on one integrated platform. Exberry (the exchange technology pioneer), Digital Asset...
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Digital Asset Shapes Future of Interoperable Applications

With a growing customer base and partner ecosystem, 2020 was a banner year for Digital Asset; our customer base tripled and our partner ecosystem doubled in size.  Daml is an open source smart contract language used by developers to write and deploy full-stack, distributed applications for DLT, blockchain, or databases in days. It is purpose-built to support multiparty business...
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Abstracting Away the Complexities of Blockchain and Smart Contracts

Guest post from Duncan Johnson-Watt, CEO, Blockchain Technology Partners Implementing new technology across the enterprise is a time consuming, complex process and blockchain is no exception to the rule. According to Gartner’s recent “CIO Guide to Blockchain”, only 3 percent of CIOs have a form of live and operational blockchain for their business; however, business leaders are seeking...
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Interconnected /November

    Unlock your ledger, free your business   The second installment of interconnected sees the second largest stock exchange group in the world choose DAML, the largest virtualization company in the world release their blockchain with support for DAML, a live demo of interoperability across two blockchains and a database, and much more. As the world of blockchains, DLTs and even smart...
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Digital Asset Demos 4 Key Properties of Interoperability

During the OECD 2020 Global Blockchain Policy Forum, Digital Asset’s CEO ran a live demo showing how to integrate CBDCs across different blockchain and database platforms   Speaking at the OECD Blockchain Policy Forum in November, Digital Asset Co-founder & CEO, Yuval Rooz unveiled a new blockchain interoperability protocol that enables applications to seamlessly interact across...
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Interconnected / September

The not so secret weapon   We've been quietly working with companies across the world to help them leapfrog their competition with a tool designed for the job. This month, we welcome SGX, BNP, Temasek, HSBC, oh, and the official blockchain network of China to the DAML ecosystem. There's only one way to build distributed applications without worrying about the underlying infrastructure...
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GBBC Davos 2020 - Blockchain, smart contracts, and sustainability

"Outcompeting Destructive Systems" In Partnership With Odyssey "Driving sustainable growth in the 21st century will require new solutions to replace systems that have contributed to so many contemporary civic and environmental challenges." In January 2020, Co-Founder and CEO Yuval Rooz spoke at the World Economic Forum in Davos, re. how new technologies and DLT can combat pollutive and...
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Low-code Smart Contracts for the Enterprise with Unibright and DAML

For anyone looking to deploy production grade applications using smart contracts and blockchain, enterprise technology integration remains one of the biggest areas for improvement by far. Unibright and DAML Stefan Schmidt the CTO of Unibright unpacks what his company has done to make DAML easier to deploy in the enterprise. Unibright specializes in the integration of blockchain...
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Committed Settlement: Adoption under UK Law, an analysis by Linklaters

Digital Asset’s Committed Settlement: Adoption under UK Law, an analysis by Linklaters By Charlie Yeh, Assistant General Counsel, Digital Asset In July we wrote a blog about Committed Settlement, a smart contract-based methodology that effortlessly and near instantaneously creates control accounts on a distributed ledger.  Control accounts have been used for decades to hold collateral...
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Blockchain’s Immutability Could Hold-up in Bankruptcy

Committed settlement, a patent-pending methodology introduced by  Digital Asset , could present a way to make financial transactions immutable By Charlie Yeh, Assistant General Counsel, Digital Asset When Blockchain Immutability Meets Bankruptcy “Immutable” is a term that is frequently used when people talk about blockchain and the benefit of using this technology for record-keeping....
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A Generational Opportunity to Improve the Transfer of Value

A Generational Opportunity to Improve the Transfer of Value By  Kelly Mathieson, Head of Enterprise Solutions at Digital Asset 10 years removed from the global financial crisis, can DLT deliver meaningful change in financial markets? Financial markets today—structurally compressed It goes without saying that the financial services sector broadly defined—banks, infrastructure providers,...
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Synchronize New York 2019: Digital Asset and DLT in the Real World

Synchronize New York 2019: Digital Asset and DLT in the Real World On April 17, more than 400 innovators met at Synchronize New York 2019 -- the leading conference dedicated to enterprise and institutional applications of Distributed Ledger Technology (DLT), blockchain technology and smart contracts within financial services.  Digital Asset moderated or spoke on panels, hosted a...
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DAML Driven Development: Optimis

Guest post by Chris Rivers, CEO, Optimis How does a company providing DLT-based services to post-trade capital markets rate DAML - Digital Asset's smart contract modeling language - in helping them resolve inefficiencies in these markets? In this installment of our ongoing series of guest blog posts by our partners, customers, and others working with the DAML SDK, Optimis' CEO Chris...
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Change Healthcare Introduces Payment Blockchain Proof-of-Concept at HIMSS ’19

New podcast from Change Healthcare At the HIMSS '19 conference, Change Healthcare will introduce a new Payment Blockchain proof-of-concept (PoC)  developed by its provider payments team in partnership with Digital Asset.  In advance of the conference, Change Healthcare  recorded a podcast interviewing the Change Healthcare and Digital Asset team that worked together on the PoC,...
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DAML Driven Development: MV37

Guest post by Richard Miller, Director, MV37 Can DAML --Digital Asset's smart contract language - -help solve the centuries-old issue of land conveyance in the UK? In this fourth of a series of guest blog posts by our partners, customers, and others working with the DAML SDK, MV37's Richard Miller discusses how DAML is being explored to de-risk property transfers in the UK. Read more on...
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DAML Driven Development: Hashed Health

Guest post by Corey Todaro, Chief Product Officer, Hashed Health How do seasoned veterans at one of the world’s top provider of blockchain technology healthcare solutions rate DAML — Digital Asset’s smart contract modeling language for distributed ledger technology (DLT) — for solving core healthcare business problems? In this third of a series of guest blog posts by our partners,...
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DAML Driven Development: IntellectEU

Guest post by Luís Marado, Software Engineer, IntellectEU How do seasoned veterans at one of the world’s top providers of financial integration solutions rate DAML — Digital Asset’s smart contract modeling language for solutions based on distributed ledger technology (DLT) — for rapid prototyping of complex financial agreements? In this second of a series of guest blog posts by our...
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How much effort is required to become a DAML-Driven developer?

As it turns out, not much at all Earlier entries in this DAML guest series have explored how seasoned finance industry veterans from GFT and IntellectEU rate Digital Asset’s smart contract language, DAML, for building solutions based on distributed ledger technology (DLT). But what about young, relatively inexperienced programmers? In this blog entry we profile a small group of...
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DAML wins 'Best Overall Solution' at Barclays DerivHack London

Reflections from the winning team on DAML and the ISDA CDM In order to get feedback on the emerging CDM standard, Barclays partnered with Deloitte, ISDA and Thomson Reuters to sponsorBarclays DerivHack 2018. The competing teams had to implement six use cases and present their solutions to a panel of independent judges drawn from the industry, academia, and public sector. Out of 15 teams...
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The integral role of contract language in DLT interoperability

DAML ensures integrity and confidentiality within and across markets During 2018 we published a series of blogs describing DAML, our modeling language for developing smart contracts (if you missed the series, you can start here). That series focused on the contract developer’s point of view, detailing how DAML abstracts away the complexity of guaranteeing ledger integrity and preserving...
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HKEX is teaming up with Digital Asset

In a speech opening Hong Kong Fintech Week, Charles Li, the Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX), announced its partnership with Digital Asset. This follows the successful completion of a prototype solution for Stock Connect that used the Digital Asset Platform and smart contract modeling language, called DAML, to accelerate the post-trade process and...
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DAML Driven Development: GFT

Guest post by David Collins, Managing Director, GFT How do seasoned veterans at one of the world's top providers of technology solutions to the financial services industry rate DAML - Digital Asset's smart contract modeling language for solutions based on distributed ledger technology (DLT) - for rapid prototyping of complex financial agreements? In this first of a series of guest blog...
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Smart contract code: when what you don't write is as important as what you do

DAML simplifies development of DLT-based markets Given a choice, most developers would prefer to use tools that allow them to complete a given task as quickly and easily as possible. With particular respect to DLT, as Ben and Edward noted in their blog post A new language for a new paradigm: smart contracts, “most smart contract programmers prefer to focus on business logic, rather than...
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How difficult is it to write correct smart contracts? Depends on your tools!

Formal method tools are key productivity aids for authoring correct smart contracts In What properties must an enterprise smart contract language have?, Simon and Neil stated that “for a contract to be guaranteed to perform as intended, it must be amenable to formal verification methods.” In this blog post, we first discuss what formal methods are and why good language design greatly...
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Smart contract language: the real arbiter of truth?

DAML helps preserve the confidentiality of sensitive DLT contractual information In this blog series, the value of evidentiary, or audit ‘trails’ that record the results of contract execution has been voiced a couple of times: first from Simon and Neil in their blog entry What properties must an Enterprise smart contract language have? (“For a contract to be enforceable … a...
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Keeping smart contracts private is hard, unless you truly understand them

DAML helps preserve the confidentiality of sensitive DLT contractual information Distributed Ledger Technology (DLT) promises to break down information silos between mutually distrusting parties while maintaining integrity, availability, and privacy. In “Trust but verify” is a valuable DLT model — does your language support it?, Alex and Ratko showed how Digital Asset’s contract...
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"Trust but verify" is a valuable DLT model , does your language support it?

DAML enables reconciliation-free, post-commit DLT verification In The only valid DLT contract is a voluntary one — easier said than done, Martin and Jost delivered a very thorough explanation of how Digital Asset’s contract modeling language, DAML, provides native support for modeling the rights and obligations of parties to an agreement. But they left a bit of a cliffhanger, stating...
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The only valid smart contract is a voluntary one,  easier said than done

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 consequences of a contract to be compulsory, entrance must...
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A new language for a new paradigm: smart contracts

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...
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What properties must an enterprise smart contract language have?

When it comes to DLT contract languages you must choose, but choose wisely In our previous article Distributed ledgers need more than traditional application design patterns, Shaul pointed out that most DLT vendors deliberately choose to “pair their ledgers with programming languages that are general-purpose and familiar in an effort to appeal to the most widespread developer skills.”...
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Distributed ledgers need more than traditional application design patterns

The role of language in DLT-based financial markets Modern society depends on the secure transfer of value in nearly every aspect of life — from transfers of stock, bonds, or cash on the books of financial markets to the consumption of digital content for a fee. Despite the pervasiveness of financial transactions and decades of operational experience executing them, two major problems...
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ASX Gives Digital Asset’s Technology Green Light to Replace CHESS

ASX today announced its intention to replace the system that underpins the post-trade processes of Australia’s equity market with the Digital Asset Platform, following the successful completion of extensive testing over the past two years. “We’ve given over 80 DLT system demonstrations to more than 500 attendees, and conducted over 60 CHESS replacement workshops for more than 100...
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Blythe Masters and Michael Bodson to Keynote Synchronize

Digital Asset is excited to be one of the first two keynote speakers at IMN's Synchronize - taking place in New York City on April 19, 2018. Hear from Blythe Masters, Chief Executive Officer of Digital Asset, and Michael Bodson, President & Chief Executive Officer of DTCC, as they share insights into the progress being made as global financial institutions move their blockchain and...
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Digital Asset to be Title Sponsor at Synchronize

Digital Asset is delighted to announce that it will be the Title Sponsor of Synchronize, a new conference hosted by global event organizer IMN, dedicated to DLT for Financial Institutions. Launching on April 19th, 2018 in New York City, Blythe Masters will be keynoting the event to discuss key themes and talk about DA's road to adoption alongside some of the largest financial...
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Update on Open-Sourcing Plans for Digital Asset Modeling Language (DAML)

Digital Asset has decided to open source DAML, our smart contract-like modeling language for financial applications, and supporting tools. We have not yet specified a release date, but this is a significant commitment which we wish to make known uniformly to our client base and which furthers our commitment to advancing industry adoption of distributed ledger technology by financial...
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Introducing the Digital Asset Modeling Language: A Powerful Alternative to Smart Contracts for Financial Institutions

Today we are delighted to announce the acquisition of Elevence, a technology firm that has developed an expressive language for financial institutions to model and execute agreements with certainty and finality. This technology complements Digital Asset's existing software by providing a new, verifiable way for parties to a transaction to prove updates to a distributed ledger while...
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Moving Hyperledger to the Linux Foundation

Last month we demonstrated Digital Asset's commitment to open source by moving Hyperledger to the independent Linux Foundation. We are excited to collaborate with global leaders across finance and technology: Accenture, ANZ Bank, Cisco, CLS, Credits, Deutsche Börse, DTCC, Fujitsu Limited, IC3, IBM, Intel, J.P. Morgan, London Stock Exchange Group, Mitsubishi UFJ Financial Group, R3,...
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Retiring Hyperledger Beta, Re-Open Sourcing Soon, and Other Changes

Shortly after the acquisition by Digital Asset Holdings in June, we discontinued supporting the beta version of Hyperledger that was available on Github and we would like to take this opportunity to update you on our planned changes and current status. COMMITTED TO OPEN SOURCE Hyperledger has always been open source and as part of Digital Asset we are committed to remaining open source....
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