![]() ![]() The primary goal of blockchains with inbuilt Smart Contracts was to create self-enforcing agreements that independently control and automate the exchange of value according to predetermined rules based on predefined inputs. Smart Contracts are software applications that are shared and run on all nodes across a blockchain network. Along with joining forces, we are excited to announce the Digital Asset Modeling Language, a privacy preserving yet provable alternative to Smart Contracts designed specifically for financial services. We have been working closely with them for the last few months to begin integrating their technology with our stack. This technology complements Digital Asset's existing software by providing a new, verifiable way for parties to a transaction to prove updates to a distributed ledger while preserving data confidentiality.Įlevence have a seriously impressive team of Computer Scientists and financial technologists, all of whom have either a PhD or Master's in related fields. Today we are delighted to announce the acquisition of Elevence, a technology firm that has developed an expressive language for financial institutions to model and execute agreements with certainty and finality. ![]()
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