Goldman Sachs, Microsoft Team Up With Digital Asset To Unveil Blockchain Network

• Digital Asset is set to unveil a privacy-enabled blockchain network tailored for institutional clients.
• Digital Asset collaborates with industry-leading companies.
• The collaborations with these partners facilitate innovation and work towards common goals in the industry.

Digital Asset, a renowned leader in blockchain solutions, has made a groundbreaking announcement in collaboration with Goldman Sachs, Microsoft and others with its plans to unveil a cutting-edge privacy-enabled blockchain network explicitly tailored for institutional clients.

This highly anticipated development promises to revolutionize blockchain by providing a decentralized infrastructure that fosters seamless interoperability. With privacy at the forefront, Digital Asset’s innovative solution aims to address the critical needs of institutional users, propelling the adoption of blockchain technology to new heights.

Digital Asset collaborates actively with a network of companies, including BNP Paribas (BNP), Deloitte, Cboe Global Markets (CBOE), Goldman Sachs (GS), Broadridge (BR), S&P Global, and Microsoft (MSFT), among several others.

Daml Connects Financial Systems for Interoperability

These collaborations involve active participation from Digital Asset and its partners, allowing them to work together to achieve common goals and drive innovation in the industry.

Chris Zuehlke, a partner at DRW and the global head of Cumberland, expressed that integrating this distinctive approach, combined with the capability to execute an atomic transaction spanning multiple smart contracts, is the fundamental cornerstone required to incorporate these workflows into the blockchain seamlessly.

Jens Hachmeister, head of Issuer Services and Emerging Digital Markets at Deutsche Börse Group, emphasized the significance of solutions that connect apps constructed using Daml, Digital Asset’s smart-contract language. These solutions enable diverse systems utilized in financial markets to interoperate and synchronize their operations with one another.

According to Hachmeister, such solutions serve as a crucial building block for the future development of digital and distributed financial market infrastructures.