Blockchain and Financial Services Provider Digital Asset Partners with VMware

April 16, 2019
Blockchain and Financial Services Provider Digital Asset Partners with VMware
Blockchain and financial services provider Digital Asset has partnered with cloud software provider VMware. Digital Asset, which has headquarters in New York, United States and offices in London, United Kingdom and Zurich, Switzerland, was established in 2014. The company specializes in a range of areas including blockchain, hyperledger, clearing, and post-trade services. It builds “distributed, encrypted straight through processing tools” that improve the efficiency and security of the services it offers. The company is also noted for creating the Digital Asset Modelling Language (DAML) contract programming language. Its partnership with VMware will see Digital Asset integrate DAML with VMware’s blockchain platform.

DAML is an Open Source programming language that is used in a variety of multi-party business processes. It runs on a number of platforms and simplifies the writing of code smart contracts. VMware was established in 1998 and has headquarters in Palo Alto, California, United States. It is a leader in the cloud arena and specializes in running hypervisors. Adding DAML to VMware’s enterprise-grade blockchain platform will enhance the availability of both to enterprises around the world.

“DAML has been proven to be one of the few smart contract languages capable of modeling truly complex workflows at scale,” explained VMware’s Blockchain Senior Director, Michael DiPetrillo. “VMware is delighted to be working together on customer deployments to layer VMware Blockchain alongside DAML. Customers demand choice of language execution
environments from their blockchain and DAML adds a truly robust and enterprise-focused language set to a blockchain platform with multi-language support.”

”Digital Asset is delighted to collaborate with VMware to bring DAML to their extensive customer base,” explained Digital Asset’s Director of Strategic Alliances, Chris Clason in a press release. “VMware’s customers place significant value on security, privacy, uptime, and performance, which is aligned with the DAML value proposition.”

Do you know of any other companies forming partnerships? Let us know the details. Add your comments below.

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