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 confidentiality of sensitive information — thus making it possible for developers to safely and concisely capture multi-party business workflows with minimal effort and risk.

There’s another side to DAML that we haven’t explored externally yet: how the language itself can pave the way for the interconnection of markets in such a way that is simply not possible today. In this blog post I’ll touch on how DAML can help facilitate market interoperability. I’ll be focusing on capital markets so that I can provide a consistent set of examples but the concepts are equally applicable to any industry where market participants engage in multiple independently operated markets.

Read more on our developer blog >