Digital Asset is delighted to announce that it will be the Title Sponsor of Synchronize, a new conference hosted by global event organizer IMN, dedicated to DLT for Financial Institutions.
Launching on April 19th, 2018 in New York City, Blythe Masters will be keynoting the event to discuss key themes and talk about DA's road to adoption alongside some of the largest financial infrastructures in the world.
Register now for Super Early Bird savings.
It has been a busy month in the open source community. Hyperledger hit 100 institutional members, making it the fastest growing project in the Linux Foundation’s history, and entered into a strategic advocacy and education partnership with the Digital Chamber of Commerce. Our friends at R3 successfully open-sourced their Corda platform and announced their intention to submit it to Hyperledger.
Today, Digital Asset is proud to release a white paper on our architecture, detailing the rationale for the technological decisions that we have made. This is intended to provide a business audience with an overview of the DA Platform, and is the output of our work developing production ready systems for highly regulated financial institutions to meet their specific requirements.
Digital Asset has decided to open source DAML, our smart contract-like modeling language for financial applications, and supporting tools. We have not yet specified a release date, but this is a significant commitment which we wish to make known uniformly to our client base and which furthers our commitment to advancing industry adoption of distributed ledger technology by financial services.
Today we are delighted to announce the acquisition of Elevence, a technology firm that has developed an expressive language for financial institutions to model and execute agreements with certainty and finality. This technology complements Digital Asset's existing software by providing a new, verifiable way for parties to a transaction to prove updates to a distributed ledger while preserving data confidentiality.
Last month we demonstrated Digital Asset's commitment to open source by moving Hyperledger to the independent Linux Foundation. We are excited to collaborate with global leaders across finance and technology: Accenture, ANZ Bank, Cisco, CLS, Credits, Deutsche Börse, DTCC, Fujitsu Limited, IC3, IBM, Intel, J.P. Morgan, London Stock Exchange Group, Mitsubishi UFJ Financial Group, R3, State Street, SWIFT, VMware, and Wells Fargo. The reaction to the announcement was fantastic; Hyperledger has been one of the most highly requested to participate in projects in the Linux Foundation's history. There are several extremely exciting additions since the initial announcement that will be made public soon.
Shortly after the acquisition by Digital Asset Holdings in June, we discontinued supporting the beta version of Hyperledger that was available on Github and we would like to take this opportunity to update you on our planned changes and current status.