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Smart Contract Language DAML Is Now Available on R3’s Corda

DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain.Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda Enterprise.A cross-platform alternative to Corda’s native programming languageIn order to

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UK-Based Digital Exchange to Use R3’s Corda for Post-Trade Processes

Archax, a London-based digital securities exchange, will use blockchain software firm R3’s Corda technology to manage post-trade activities.On Oct. 18, Archax announced in a press release that its post-trade processes will now run on distributed ledger technology. Archax will use a private version of Corda Enterprise within its own

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Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank and Vesuvius GmbH, are piloting Russia-Germany cross-border payments on R3’s Marco Polo network.Powered by R3’s Marco Polo Blockchain Global Trade NetworkOn Oct. 11, Alfa-Bank announced that it is launching a foreign trade finance pilot transaction, with the cooperation of

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Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network

Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.”“Tackle trade finance challenges”On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade inefficiencies and deliver a better service for its customers. Geoff Brady, head of global trade

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