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 …

The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12. According to the newspaper, the asset called “Learning Coin” will be accessible only within the IMF and World Bank. The coin has no money value and thus is not a real cryptocurrency, the FT underlines. As the FT has learned, “Learning Coin” was launched in order to better understand the technologies that underlie crypto assets. Its app will serve as a hub where blogs, research, videos and presentations are stored. During the test, …

The European Union Blockchain Observatory and Forum released a report entitled “Tokenization of physical assets and the impact of IoT and AI” on April 10. The report, authored by Dr. Tim Weingärtner, a professor at Lucerne University of Applied Sciences & Arts – School for Information Technology, features the “digital twin” concept, which refers to a digital replica of the physical world. This mirror world would be consist of Internet of Things (IoT) devices, big data, tokens representing physical objects, blockchain as a trusted ledger and Artificial Intelligence (AI). The report notes that blockchain would play a key role in …

Distributed ledger technology (DLT) provider Digital Asset is collaborating with the International Swaps and Derivatives Association (ISDA) to develop a new tool that can support the use of smart contracts for derivatives trading. The news was revealed in an ISDA press release on April 9. The two parties’ collaboration focuses on creating interoperable technical solutions that advance standardization. According to the press release, this will allow for greater automation of derivatives trade management via the use of Digital Asset’s proprietary smart contract modelling language. Specifically, they will work together to develop an open-source reference code library that will help support …

Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will launch in late May. The Sun Network expansion plan includes developing DApp sidechains and cross-chain infrastructure. The second layer protocol is expected to increase the overall capacity of Tron’s network, while simultaneously allowing DApps to run with extremely low energy consumption and high security. During the first phase, which is scheduled to start on May 30, Tron will focus on launching sidechain smart contracts. The official launch of …

Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to the data published by the United States Patent and Trademark Office (USPTO) on April 2. The first patent, filed August 2018, patents a method for cryptologic blockchain interoperability. As described in the technical section of the patent, participants can share the token data stored on a distributed ledger (DLT) network by using a digital signature within the solution. The document also mentions the ability to send a multi-signature certification message to a recipient who solicits information. According to the patent, the receiver can then verify the …

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal. The patent, originally filed on Dec. 22, 2015, describes a system providing identity services capable of receiving an identity from an identity provider system alongside validated identity data, and then storing it on a blockchain in an identity token. Moreover, the patent also describes variations of this procedure wherein the transaction uses a smart contract, the identity data is hashed, or the access to the system used is restricted and requests authorization …

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 …

Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO of eToro Yoni Assia is quoted in the announcement explaining that the acquisition will allow the platform to grow its offering of tokenized assets. He also noted: “We believe that in time all investible [sic] assets will be tokenized and that we will see the greatest transfer of wealth ever onto the blockchain.” Per the release, the team of the acquired company …

A crypto company has launched a new product that focuses on the tokenization of real-world assets, such as property, art and commodities — a venture it believes will transform the way the world invests, trades and transfers value. DGTO is the latest offering by Darico, and the firm says its service provides business owners and developers with “all the tools needed to tokenize assets into security tokens,” including legal and technical expertise as well as sales and marketing strategies. The parent company claims that its tokenization platform says it is in contact with regulators in different jurisdictions to ensure that …

Cybersecurity solutions provider Kudelski Security has entered a strategic partnership with smart contracts auditing firm Hosho in order to provide greater security for blockchain ecosystems. The news was announced in a press release from Kudelski on March 19. As Cointelegraph auf Deutsch previously reported, Kudelski Security — a Swiss-born, stalwart tech security solutions provider whose multinational operations run from locations across Europe and the United States — launched a Blockchain Security Center (BSC) this January. Kudelski, which has expertise in the field of applied cryptography, says it established the partnership with Las Vegas-based Hosho in order to extend the capabilities …

Ethereum co-founder and ConsenSys creator Joseph Lubin said that blockchain technology and decentralization can benefit content creators and journalists. Lubin spoke about different industries that are benefitting from blockchain technology in a video on March 12. In the video, Lubin said that artists are “set to benefit quite dramatically” from blockchain, as it allows them to attach policies and stipulations for how the content is consumed and shared i.e. derivative works, streaming, public performances, etc. In Lubin’s view, it also allows them to eliminate middlemen: “I think artists in the music industry on average capture about 11 or 12 percent …