Chainstack and Digital Asset: making blockchain mainstream

By Joanna England
Chainstack and Digital Asset have formed a dynamic partnership that will simplify blockchain deployments for SMBs, corporations, and software developers...

Chainstack and Digital Asset have formed a dynamic partnership that will simplify blockchain deployments for SMBs, corporations, and software developers.

The collaboration means Chainstack and DAML will now provide market-ready strategies that benefit businesses of all sizes, regardless of infrastructure.

Working with DAML (an open-source smart contract language developed by Digital Asset), Chainstack will be able to add the asset to its multi-protocol ecosystem, currently handling multiple cryptocurrencies. 

DAML builds connected applications that cover data silos and trust boundaries, altering the way businesses work together across industries. DAML enables developers to work on application logic without the distractions of cloud, blockchain or database technologies.

Chainstack already simplifies the launch and scale of networks and apps for businesses and developers via its blockchain services platform, which also provides predictable pricing, an intuitive user interface and seamless orchestration.

Chris Clason, Director, Strategic Alliances at Digital Assets, explained, “We are excited that Chainstack has integrated DAML into its offering. Developers can now build DAML applications on a very innovative and intuitive platform that supports multiple blockchain networks. Chainstack’s platform-agnostic approach is a great fit for DAML-built applications that can be written once and deployed anywhere."

He added that the addition of DAML on the Chainstack platform now enables enterprises and developers to utilise blockchain applications and networks swiftly, alongside with existing legacy systems.

Eugene Aseev, CTO of Chainstack, commented, “Both Chainstack and Digital Asset are bringing together the most active communities of developers worldwide in the quest for close industry collaborations, innovation and the democratisation of technology. We are excited by the potential of this collaboration and share the common vision of simplifying blockchain deployments for faster business outcomes.”

Share

Featured Articles

First Citizens Bank in rescue deal for Silicon Valley Bank

First Citizens Bank, which has completed more than 15 acquisitions of stricken US banks since 2009, has stepped in to take over SVB

Banks are capping crypto spending, but are they right to?

Several banks in the UK are limiting the amount of money that account holders can transfer to crypto exchanges. Is the move justified, or an overreach?

UBS agrees to rescue troubled Swiss bank Credit Suisse

UBS has agreed to rescue its troubled Swiss banking peer Credit Suisse, a move that has been welcomed by the Swiss National Bank and ECB alike

Credit Suisse gets $50bn emergency finance from central bank

Banking

Regulators race to salvage collapsed Silicon Valley Bank

Banking

Stripe's UK Head of Engineering talks 'women in fintech'

Digital Payments