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Technology news

Digital Asset expands reach of its Daml 2.0 solution


03 March 2022 US
Reporter: Jenna Lomax

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Image: ipopba
Software and services provider Digital Asset has expanded the reach of its multi-party application platform Daml 2.0.

Daml is the underlying technology behind Digital Asset’s vision for the Global Economic Network, an emerging ecosystem of interconnected global networks.

Clients use Daml to tokenise assets, build new platforms, and create new products and services for the Global Economic Network.

With Daml 2.0 — which includes Canton, a Daml ledger interoperability protocol — Digital Asset clients have access to a privacy-enabled distributed ledger that is enhanced when deployed with complementary blockchains.

Canton ensures privacy and compliance while synchronising transactions across any supported blockchain or database.

Daml 2.0 is available as open source, and developers can choose to run Daml Open Source or Daml Enterprise for additional features and support.

Daml 2.0 applications are compatible with Daml Hub, a managed cloud service for Daml apps.

Craig Blitz, chief product officer at Digital Asset, says: “Daml with Canton makes distributed ledger technology feasible for our customers by preserving privacy while allowing market participants to safely exchange assets and share authorised data between multiple business parties across different platforms. None of the existing blockchains have architecture that can handle keeping sensitive information private with the scalability necessary to connect the world’s assets.”
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