Digital Asset Partners With VMware – Details
The firm that created the DAML smart contract programming language, Digital Asset, has partnered with major cloud computing company VMware.
According to the press release, Digital Asset will integrate its Digital Asset Modelling Language (DAML) on VMware’s blockchain platform. The development will purportedly “allow for broader reach and support as a combined offering.” Michael DiPetrillo , Senior Director of Blockchain at VMware said:
“DAML has been proven to be one of the few smart contract languages capable of modeling truly complex workflows at scale.”
VMware was founded in 1998. It reported a revenue of almost $9 billion dollars last year. The company is mostly known for its hypervisors, which is hardware, software or firmware that runs virtual machines. VMware also offers desktop software, cloud management software and server software, in addition to other products.
Digital Asset announced a collaboration with the International Swaps and Derivatives Association to develop a new tool that can support the use of smart contracts for derivatives trading.
The DAML language was created in 2016 and is purportedly optimized for use in private executions.