Digital Asset open sources its smart contract language DAML

Digital Asset, the creators of the DAML smart contract language, announced today that it has open-sourced DAML. The source code for the DAML language, runtime, and Software Development Kit (SDK) is now freely available under an Apache 2.0 open source license, enabling third parties to modify DAML and integrate it with other platforms.

In addition, the DAML SDK Developer Preview is now available to all developers, following a private beta program announced last year.

DAML is a functional programming language designed specifically for use in multi-party business processes, often referred to as smart contracts. DAML abstracts away the underlying complexities of blockchains and database technologies, allowing developers to focus on the logic of the applications they are building. This greatly reduces the time to market for new applications and allows for increased agility.

[perfectpullquote align=”full” bordertop=”false” cite=”Shaul Kfir, Co-founder and Chief Technology Officer at Digital Asset” link=”” color=”” class=”” size=””]“There are multiple blockchain platforms, each designed for different needs. DAML is the most suitable language to rapidly write secure distributed applications regardless of the platform. By open sourcing DAML, our goal is to enable rapid innovation across the industry by allowing users to focus on developing value for their business and leveraging a variety of deployment options.”[/perfectpullquote]

Digital Asset also announced the open availability of the DAML SDK Developer Preview, allowing any developer interested in building sophisticated multi-party applications to start using DAML today. The complete SDK is now also open source, allowing the developer community to not only extend the DAML language but also all associated tooling.

The DAML SDK was previously available as part of a private beta developer program that gave early access to developers at ABN AMRO, Accenture, Australian Securities Exchange (ASX), BNP Paribas, Broadridge Financial Solutions, Calastone, Change Healthcare, The Depository Trust & Clearing Corporation (DTCC), Forms Syntron, GFT, Hashed Health, Hong Kong Exchanges and Clearing (HKEX), Industrie&Co, IntellectEU, MV37, Nomura Research Institute, Singapore Exchange, and UBS, among others.

DAML is a core component of a number of Digital Asset enterprise-grade projects and proofs of concept, including those with the Australian Securities Exchange (ASX), Broadridge Financial Solutions and the Hong Kong Exchanges and Clearing (HKEX).