Daml

Daml, Digital Asset’s core technology, is the leading platform for building, executing, and running sophisticated, multi-party applications. At its core, it contains a smart contract language and tooling that defines the schema, semantics, and execution of transactions between distributed parties.

Today, businesses are increasingly using multi-party applications to drive efficiency and innovation by automating processes and delivering new products and services. However, the lack of reliable privacy protecting platforms means that multi-party applications too often languish in the proof-of-concept phase or fall behind a walled garden — a siloed blockchain implementation with limited reach. Additional challenges exist when connecting these applications that run on different blockchains or databases, requiring complex workarounds that introduce risk and issues with data consistency and privacy. Daml includes Canton, a privacy-enabled distributed ledger that is enhanced when deployed with complementary blockchains. Daml applications are also portable and interoperable across a number of distributed ledgers and blockchains.

Consequently, businesses have been unable to realize the full potential of blockchain, distributed ledger technologies, and the multi-party applications that can create novel products and experiences.