Digital Asset News Functional programming reaches for stardom in finance

Posted by Digital Asset on Apr 3, 2019 3:46:39 PM

Would you like your software to be more reliable, harder to hack and cheaper to run? Then, if you aren’t already in on the act, it may be time to embrace functional programming – a maths-based approach that is challenging the status quo at financial firms.

Proponents of functional languages say they are better at handling certain financial operations than the dominant, so-called imperative languages. They will become even more relevant, these fans argue, with greater adoption of the distributed ledger technology (DLT) in finance, spurred in part by the International Swaps and Derivatives Association’s common domain model (CDM).

“Functional programming has been gaining popularity in banking for the past decade, but the pace is accelerating,” says Neil Mitchell, who has worked with functional languages at Credit Suisse, Standard Chartered and Barclays.

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Topics: DAML, DLT, Distributed Ledger

Fortune: Google Expands Blockchain Push With Digital Asset Tie-Up

Posted by Digital Asset on Aug 27, 2018 9:28:03 AM


Google is increasingly betting that blockchain technology, which creates a permanent ledger across multiple computers, will be key to competing with Amazon and Microsoft in cloud services. To that end, Google and the New York-based startup Digital Asset announced a partnership on Monday to bring blockchain to Google Cloud.

“We’re partnering with Google Cloud to provide developers with a full stack solution so they can unleash the potential for web-paced innovation in blockchain,” said Blythe Masters, CEO of Digital Asset, in a statement.

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Topics: cloud, Google, DLT, Distributed Ledger

Barron's: Blockchain Is Starting to Show Real Promise Amid the Hype

Posted by Digital Asset on Aug 23, 2018 2:49:57 PM


The blockchain revolution is here.

The technology long associated with Bitcoin is now being used to make businesses as varied as trade finance, videogaming, travel insurance, and diamond mining more efficient and more secure.

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Topics: ASX, DLT, Distributed Ledger

Barron's: 4 Women Who Make a Difference in Blockchain

Posted by Digital Asset on Aug 23, 2018 2:48:42 PM


Big technology companies have routinely failed to hire women for new projects, or promote them to management and board positions. But with blockchain, women have led the way on some of the most important projects, both at tech companies and start-ups.

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Topics: DLT, Distributed Ledger

CoinDesk: Blythe Masters Looks Beyond Finance for Next Wave of Blockchain Growth

Posted by Digital Asset on Aug 23, 2018 2:47:00 PM


To hear Blythe Masters tell it, the time has come for Digital Asset (DA) to spread its wings and fly.

The distributed ledger technology (DLT) company she founded in 2014 is entering a new phase, heralded by, among other things, a partnership with Google Cloud to simplify and proliferate the tech.

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Topics: ASX, DLT, Distributed Ledger

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