Blockchain software firm Digital Asset will integrate their smart contract language DAML with Hyperledger Sawtooth, a modular platform for distributed ledgers. Digital Asset announced the development in a blog post on April 16. In the post, Digital Asset revealed that it has begun working with Hyperledger members, Blockchain Technology Partners (BTP), in order to integrate the Digital Asset Modeling Language (DAML) runtime with Hyperledger Sawtooth, which is a modular platform for building, deploying, and running distributed ledgers like blockchains. The company explained that a number of the Hyperledger Sawtooth characteristics already comply with the DAML team expectations. “Hyperledger Sawtooth’s Transaction …
Digital Asset, the firm that created the DAML smart contract programming language, has partnered with major cloud computing company VMware, according to an announcement on April 11. According to the press release, Digital Asset will integrate its Digital Asset Modelling Language (DAML) on VMware’s blockchain platform. The development will purportedly “allow for broader reach and support as a combined offering.” Senior Director of Blockchain at VMware Michael DiPetrillo said: “DAML has been proven to be one of the few smart contract languages capable of modeling truly complex workflows at scale.” VMware was first founded in 1998, and last year reported …
Blockchain software firm Digital Asset has open sourced its Digital Asset Modeling Language (DAML), the company announced on Twitter on April 4. Introduced in April 2016, DAML is an expressive language designed for financial institutions to model and execute agreements through distributed ledger technology (DLT). According to Digital Asset’s blog, DAML is similar to a smart contract language in many ways, but it is optimized for usage in a private execution environment rather than in an open execution environment. Staring now, the source code for the DAML language is freely available under the Apache 2.0 open source license, the company …
The Tron Foundation, the firm behind TRX, the 11th top crypto by market cap, has acquired blockchain app store CoinPlay, Tron’s CEO, Justin Sun, tweeted on March 28. With the new acquisition, Tron intends to contribute to the aggregation of a wide range of blockchain apps and decentralized applications (DApps) on one platform, eliminating the need to look up those apps at conventional app stores, according to the announcement on Tron’s blog. CoinPlay reportedly offers a variety of blockchain software and games, as well as practical guides, browser navigation, ratings and indices of major currencies. By acquiring CoinPlay, Tron aims …
Ethereum (ETH) has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers, according to a report by crypto asset management firm Electric Capital. The report was published in a Medium post on March 7. Per the post, the company fingerprinted over 20,000 code repositories and 16 million commits to obtain data, which reveals that on average 216 developers contribute code to ETH repositories every month. The company also specifies that this data “is undercounting the number of Ethereum developers since we do not include ecosystem projects like Truffle.” Bitcoin (BTC), the largest of …
On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud. The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem skeptical about the idea of storing private keys on centralized servers. Others are confident about the new feature, stressing that it entails encryption. A brief introduction to Coinbase Wallet, formerly known as Toshi Coinbase Wallet differs from the main app, Coinbase (or Coinbase.com). With the latter, the cryptocurrencies purchased by customer and their …
United States tax preparation software TurboTax Online has reportedly partnered with CoinsTax, LLC to offer cryptocurrency tax calculation to its services, a press release reveals Monday, Feb. 4. As the U.S. Internal Revenue Service (IRS) has just opened tax return filing, TurboTax is launching a new section for crypto taxation. The new service will be available for those who purchased 2018 premier and above versions. The service will allow users to import trading data directly from major exchanges, such as Coinbase, Gemini, and Poloniex. Once calculated, capitals gains and income reports can be downloaded or uploaded directly into Form 1040 …
Chinese desktop software and blockchain-related company Xunlei has published its Q3 report Wednesday, Nov. 14. According to the report, the firm’s revenue increased in 2018 after the introduction of blockchain services. The report notes that the company’s Q3 revenue reached $45.3 million, representing an increase of 1.1% year-over-year. The firm attributed $19.8 million of that revenue to its cloud and Internet value-added services sectors, which is an increase of 8.3 percent over the same period last year. Lei Chen, CEO of Xunlei group, stated that blockchain remains one of the key investment areas for the company, noting: “We believe that …
Global management consultancy firm Accenture has deployed a distributed ledger (DLT) platform created to manage and track software licenses, a press release reveals Monday, Nov. 12. To develop the solution for software management, Accenture has partnered with Digital Assets, a U.S.-based company providing DLT products for financial institutions. The new app uses Digital Assets’ smart contract language, or DAML — a modeling language built specifically for distributed ledgers. According to the release, the platform will help track software licenses all the way down from their origination to purchase. Accenture also stresses that the DLT-driven app will help major firms avoid …
The Enterprise Ethereum Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph. At DevCon4 today in Prague, the EEA announced the release of its Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5. The former is a development of common standards, which aims to ensure that Ethereum developers will write code that “[motivates] enterprise customers to select EEA specification-based solutions over proprietary offerings.” The Client Specification V2 will essentially offer a label of sorts, which means a …
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains. Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list. The new product called Oracle Blockchain Applications Cloud includes four apps: Intelligent Track …
Blockchain software developer Block.one has released version 1.0 of their open-source blockchain protocol, EOSIO, according to an official blog post published today, June 2. The software is a platform designed for building applications at both the enterprise and “community-driven” levels. According to the company’s post, Block.one does not guarantee that the EOSIO software will perform “as intended” or “will be free of errors, bugs or faulty code,” claiming that developers implement EOSIO at they own risk. In addition to the new software release, Block.one also announced today that they had partnered with blockchain investment firm SVK Crypto to launch a …