Application simplifies traceability of Accenture’s software licenses and improves the asset management lifecycle
Accenture has announced a new distributed ledger technology (DLT)-based application that delivers enhanced enterprise software asset management capabilities. The application uses Digital Asset’s smart contract language, DAML, to model and enforce software license events throughout their lifecycle, from origination to purchase, which simplifies tracking, usage and audit functions.
“While software asset tracking and management tools have evolved, it can still be a daunting task for any large organization to manage,” said Melanie Cutlan, senior principal, Accenture Operations blockchain lead. “The power of DLT will simplify the traceability of these licenses, and, therefore, the auditing function so all can see where each license is assigned. This has the potential to save organizations millions of dollars per year in the management of their software license portfolios.”
Two independent studies published today have confirmed that the Digital Asset Platform is more than capable of handling the trade volumes processed by major equity markets.
Digital Asset, a leading provider of distributed ledger solutions, today announced a new collaboration with Google Cloud to bring Digital Asset’s blockchain platform and developer tools to Google Cloud Platform. Developers now have access to a comprehensive suite of tools and services to build, test and deploy distributed ledger applications on-demand and without having to configure the underlying platform.
Latest funding takes total to over $110 million and positions Digital Asset for further expansion
New York, 16 October 2017 - Digital Asset, the leading provider of Distributed Ledger Technology for the financial services industry, today announced that it has raised over $40 million of Series B financing from existing and new investors, led by Jefferson River Capital. The latest round brings the total funding raised by Digital Asset to over $110 million as the company expands its global presence. Additionally, the firm has bolstered its executive team with Clyde Rodriguez, former Co-CTO of Two Sigma Investments, joining as Chief Information Officer & CTO of Engineering.
New Stakeholder Working Group will lead work to gather service requirements for Phase Two in $3 trillion per day market
Firms sign agreement to build prototype for securities lifecycle processing using Digital Asset Platform