What is DAML?
DAML, or Digital Asset Modeling Language, is the new kid on the blockchain block, designed to help developers create smart contracts with the grace of a swan while maintaining the strength of a heavyweight boxer. This language, concocted by the brains at Digital Asset, aims to build robust business-level blockchain applications that can handle whatever the corporate world throws at them.
Integration with Corda: The Match Made in Blockchain Heaven
In a move that has blockchain enthusiasts frothing at the mouth, Digital Asset has successfully integrated DAML with R3’s Corda Enterprise platform. This means that developers can now use DAML to create applications on Corda—think of it like giving Corda a shiny new toy that expands its capabilities. This partnership was made official thanks to the wizardry of IntellectEU, a tech firm that specializes in making new technologies work together like peanut butter and jelly.
The Power of Cross-Platform Compatibility
While Corda used to operate in a Kotlin-only universe (which is like being in a one-hospital town), DAML changes the game entirely. Developers can now write applications across various platforms without needing to redevelop everything from scratch. Imagine learning a new language and being able to converse fluently everywhere without having to learn dialects! This integration opens the door to greater flexibility and the reduction of vendor lock-in—a pesky problem that plagues many businesses.
Corda: A Blockchain for Businesses
For those who are new to this cocktail of innovation, Corda is R3’s brainchild that was hatched back in 2016 and has since grown into one of the leading blockchain platforms for businesses. It allows companies to interact directly while keeping their transactions as private as a diary with a lock. High-profile users include the likes of Nasdaq and banks like the Hong Kong Monetary Authority, proving that big shots see real value in this technology.
What’s Next for DAML on Corda?
At the kickoff of this partnership, DAML on Corda will be rolling out initially for testing and development, with full production capabilities expected to launch in Q3 of 2020. This careful rollout means that developers will have a chance to understand the ins and outs before confidently deploying their applications. With critical deployments on the horizon, this marriage of technologies promises an exciting future for enterprises eager to leverage the power of smart contracts.
In Closing
The integration of DAML with Corda signifies a leap toward greater interoperability in the blockchain universe. As Thomas Bohner of IntellectEU succinctly says, introducing DAML to Corda is about giving clients more choices and significantly reducing the complexity of their applications. And let’s face it—who doesn’t want a simpler life, especially when it comes to tech?
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