DAML for Azure Database enables customers to deploy multiparty applications on Microsoft’s powerful cloud infrastructure immediately
Businesses are using distributed ledger platforms to deploy multiparty applications even though many wish they could simply leverage familiar infrastructure to improve complex business processes that don’t require overhauling their systems with distributed solutions, such as coordinating cross-departmental workflows. A smart contract language and ecosystem that supports both traditional databases and distributed ledger technology allows businesses to deploy multiparty applications on top of the databases they are already comfortable using today while providing a path to decentralization when business needs change.
Over the last month, we have been talking about how you can use DAML smart contracts to unlock the power of your existing infrastructure. Today, we are pleased to announce commercial support for DAML for Azure Database and its availability through Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions.
DAML for Azure Database is designed for companies that do not need a fully decentralized blockchain network but want to use multiparty applications to improve collaboration and automate repeatable workflows between parties. DAML for Microsoft Azure Database is built on Digital Asset’s DAML Driver for PostgreSQL, which takes advantage of the highly available and resilient Azure Database stack to enable businesses to automate internal multiparty workflows backed by a managed database offering they can trust.
Toby Bowers, General Manager, Business Applications Group, Microsoft Corp., said, “We’re happy to welcome Digital Asset and DAML for Azure Database to Microsoft AppSource, which gives our customers great exposure to cloud customers around the globe."
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Bowers added, "Microsoft AppSource offers partner solutions such as DAML for Azure Database from Digital Asset to help customers meet their needs faster.”
Most companies struggle with historically complex business processes involving numerous touchpoints, data governance, and cross-departmental workflows; both internally and externally. Keeping these systems in sync is a complicated matter typically addressed by manual checks and reconciliation. As companies expand and modernize, manual processes can inhibit revenue generating activities and increase operational expenditure resulting in significant financial burden.
With the availability of DAML for Azure Database on Microsoft AppSource, Digital Asset is removing this burden, enabling customers to deploy multiparty applications on Microsoft’s powerful cloud infrastructure today. Whether DAML for Azure Database is being used to prove out future blockchain investments or is solving internal workflows for greater efficiency, the solution gives developers unique tools to deploy production-grade applications on Azure with commercial support from Digital Asset.
Click to read the full press release here.
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