IntellectEU Unlocks the Power of DAML on Corda

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Long-standing partnership with Digital Asset offers new options for companies to run their DAML applications in production on Corda Open Source and Corda Enterprise

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IntellectEU today announced the commercial availability of DAML on Corda, together with full customer support and services for running DAML applications on Corda Open Source and R3’s Corda Enterprise.

Corda is an open source blockchain platform designed for businesses. DAML is a state-of-the-art framework for building connected applications that span data silos and trust boundaries, changing how businesses collaborate across industries. With this partnership, IntellectEU becomes the first systems integrator to support this multi-platform language on Corda. At present, developers can only use Kotlin, a general purpose programming language, to write and run applications on this platform.

“DAML is the easiest and most robust way to develop distributed applications for businesses that we have seen,” said Thomas Bohner, Vice President, IntellectEU. “This new offering brings the power, flexibility, and time to market advantages of DAML to the widely-adopted Corda platform, allowing our clients to deploy fully-supported solutions to production on both Corda Enterprise and Corda Open Source. Clients can move their DAML applications between platforms without recoding, eliminating vendor lock-in and de-risking complex programs.”

Digital Asset partners with technology infrastructure providers to integrate DAML smart contracts with their blockchain, database and cloud technologies. Digital Asset’s partners, including IntellectEU, provide commercial integration with modern infrastructures to enable ambitious teams to build fundamentally new products. In addition to Corda, DAML is integrated with VMware Blockchain, Hyperledger Fabric, also commercially supported by IntellectEU, Hyperledger Sawtooth, PostgreSQL, and Amazon’s QLDB and its cloud-native Aurora database.

“We have enjoyed a long relationship with IntellectEU and are impressed with their commitment to and knowledge of DAML,” said Kelly Mathieson, Chief Client Experience Officer at Digital Asset. “Currently, every DLT platform has a smart contract language. DAML ensures developers only focus on business logic without worrying about the underlying ledger’s technology. It also allows enterprises to defer their ledger choice until the application has met the necessary business requirements, creating a better fit of the technology to the use case. We look forward to working with IntellectEU as we grow the DAML community on Corda.”

DAML on Corda is available today for development and testing, production use in Q3, and enterprise features for mission critical deployments expected by the end of 2020.

About IntellectEU
IntellectEU is an international technology company focused on digital finance and emerging technologies. Since 2006, IntellectEU has been focused on financial messaging and integration, being a SWIFT service partner. Building on their experience in financial services and technology, IntellectEU launched a DLT and blockchain practice in 2014. IntellectEU became a founding member of the Linux Foundation's Hyperledger in 2016 and today, the company works with all leading blockchain providers (R3 Corda, DAML, Hyperledger, VMWare, IBM) and serves customers in the banking, insurance, capital markets, and telecommunication industries. Visit https://intellecteu.com/ for more information.

Media contact:
info@intellecteu.com

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