By Digital Asset
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DAML Named the Exclusive Smart Contract Language for China’s Blockchain Services Network
By Digital Asset. Sep 14, 2020 1:23:55 AM
National Blockchain Infrastructure backed by State Information Center, China Mobile, China UnionPay, and Red Date Technology selects DAML, created by Digital Asset, for unified smart contracts
September 14, 2020
Red Date Technology and Digital Asset announced an agreement to integrate DAML smart contract technology with China’s Blockchain Services Network (BSN). As a part of the agreement, DAML, will be the exclusive standard for developing decentralized applications (dApps) built on the BSN. The companies will begin with a rapid pilot demonstrating the deployment of a DAML application interoperating across two ledgers - Hyperledger Fabric and WeBank’s FISCO BCOS - as well as integration into the core BSN architecture, targeted for completion by November 2020. Following the pilot, general availability for developers building with DAML on BSN is anticipated in 2021.
The BSN provides businesses deploying decentralized applications with a low cost deployment tool across multiple different protocols. Adding DAML will enable interoperability of applications regardless of the underlying blockchain technology used. Today, each blockchain platform has its own smart contract language and framework for building applications. This leads to applications that have to be written specifically for each protocol, and so are unable to interoperate. DAML and the BSN will allow developers to write their smart contracts once, deploy to their preferred platform, and interoperate with any other application on a BSN network.
Learn More about DAML for Enterprises
Since launching in April 2020, the BSN has quickly emerged as one of the largest and fastest growing enterprise blockchain ecosystems in the world. Designed as the backbone infrastructure of the Digital Silk Road, the BSN has already seen the deployment of more than 1,000 live blockchain applications in use across enterprises and government organizations in China. It has deployed 130 public city nodes connecting over 80 cities across mainland China and already has 15 public city nodes in countries around the world. By 2021, the BSN expects to have over 10 permissioned and 50 public blockchain protocols for developers to use at low cost on its network, spanning across the globe.
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