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DAML

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Software Status:Active

About DAML

DAML is a blockchain software from Digital Asset Holdings designed for capital markets businesses. It combines tokenization and issuance, clearing and settlement, custody and asset servicing, collateral and asset mobilization, and digital cash so that regulated institutions can confidently connect and build on the Canton Network. Trusted by leading financial institutions, DAML facilitates the integration of traditional finance and crypto capital markets, ensuring compliance and efficiency in transactions. This platform enables organizations to use the benefits of a public blockchain while meeting regulatory requirements. Key capabilities: tokenization and issuance clearing and settlement custody and asset servicing collateral and asset mobilization digital cash Best for: financial institutions that need to manage and innovate capital market solutions.

DAML Details

Vendor
Digital Asset Holdings
Year Launched
2014
Location
107 Greenwich Street, 17th Floor New York, NY 10006 United States
Deployment
cloud
Training Options
documentation, videos, community
Countries Served
All Countries
Languages
English
Users
Asset Managers, Bankers
Industries Served
banks, exchanges, post-trade, tokenisation, healthcare, insurance, real-world asset tokenisation.
Tags
Smart contracts, distributed ledger, blockchain, multi-party workflows, privacy-first, composability, enterprise DLT

DAML's In-App Market Place

Does DAML have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£)

Pros & Cons

  • Safety and Correctness: The formal nature of the language helps prevent common errors in smart contract development.
  • Ledger Agnostic: The ability to deploy on various back-ends provides flexibility and avoids vendor lock-in.
  • Built-in Privacy: Its native privacy model is a significant advantage for financial and other regulated industries.
  • Efficiency: It abstracts away the complexities of distributed systems, allowing for faster development cycles.
  • Focus on Business Logic: The language is designed to model business agreements and workflows directly.
  • Steep Learning Curve: While designed for abstraction, it is still a new programming paradigm that requires specific training.
  • Ecosystem Maturity: The Daml ecosystem, while growing, is not as large or mature as those of more established programming languages.
  • Limited Public Information: Pricing and detailed enterprise features are often not publicly disclosed, which can make initial evaluation difficult.
  • Vendor Dependency: The core development and direction of Daml are closely tied to Digital Asset Holdings.
  • Complexity: While simplifying many aspects, building and managing a complex distributed application still requires specialized expertise.

DAML's Support Options

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