Digital Asset has joined the development of standards for the trading of derivatives

Leading global blockchain solutions developer Digital Asset Holdings and the International Swaps and Derivatives Association (ISDA) are creating an open source library that will make it easier for derivatives market participants to use the Common Domain Model (CDM).

And the ISDA @digitalassetcom announce That for They are working-together to an The develop the open-source-the reference below code library That will of help Derivatives market Participants Adopt the the ISDA the Common the Domain Model (The CDM) https://t.co/rwdKBdcEN1

– ISDA (@ISDA) April 10, 2019

CDM is the first industry solution to respond to the lack of standards and the dominance of inefficient manual processes in derivatives trading.

So, using the DAML programming language from Digital Asset, the necessary tools will be created for developers to interact with CDM.

Earlier, Digital Asset revealed the programming language code for writing DAML smart contracts and the Software Development Kit (SDK) in accordance with the Apache 2.0 license.

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