Digital Asset Announces General Availability of Daml 2.0
Daml 2.0 is a significant industry milestone that removes key barriers to distributed ledger technology adoption with groundbreaking capabilities for privacy and cross-domain interoperability
Deutsche Börse and Goldman Sachs are among the first-movers
March 2, 2022
Digital Asset announced today the general availability of Daml 2.0, the newest version of Digital Asset’s multi-party application platform. This version makes it easier than ever to build and deploy best-in-class, multi-party applications. Daml 2.0 includes Canton, a privacy-enabled distributed ledger that is enhanced when deployed with complementary blockchains. Canton ensures strong privacy and compliance — unique among multi-party systems — while synchronizing transactions across any supported blockchain or database. For example, a Daml asset can now be safely delivered on Hyperledger Besu while the payment can be made using a different Daml asset on Hyperledger Fabric, in a single, atomic transaction.
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. 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.
Daml is the underlying technology behind Digital Asset’s vision for the Global Economic Network, an emerging ecosystem of interconnected global networks. Working with customers, partners, and the open-source community, Digital Asset is building and connecting the core services that will bring the world’s assets together — not only within organizations, but also across competitors and other players in the broader market. Daml is the first system to fulfill the key requirements of a network-of-networks for the global economy.
Currently, customers are using Daml to tokenize assets, build new platforms, and create new products and services for the Global Economic Network. Goldman Sachs is using Daml to develop its end-to-end tokenized asset infrastructure supporting the entire digital life cycle across multiple asset classes on permissioned and public blockchains. Deutsche Börse is using Daml for its D7 platform to create and process Digital Instruments, the digital description of electronic securities, to manage the securities alongside the entire value chain.
Daml 2.0 with Canton 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 and the easiest way to deploy to and interact with apps in Canton, and with the following blockchain and database platforms: Hyperledger Besu, Hyperledger Fabric, Oracle Database, PostgreSQL with VMware Blockchain to follow soon.
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