Digital Asset Modeling Language (DAML) is an open source smart contract language developed by the company Digital Asset.
Digital Asset Modeling Language (DAML) is designed to enable developers to create distributed applications without having to worry about the underlying technical details of the blockchain protocol or distributed ledger technology (DLT).
New language for smart contracts
In a blockchain context, smart contracts - self-executing contracts with the terms of the contract written directly in code - are often used to enable automated, trustless transactions. DAML is specifically designed to facilitate the creation of such smart contracts by providing a high level of abstraction while incorporating strong type safety and formal verification capabilities.
It is important to note that DAML is independent of a specific blockchain platform and can be used on many different DLTs and databases. This gives DAML a certain flexibility and allows developers to focus on the business logic of their applications without having to worry about implementing blockchain-specific details.
