Digital Asset Holdings has presented 1 V-Sum technical briefing. Eric Sarnecki, co-founder of Digital Asset, demos DAML — Digital Asset\'s framework for building networks of systems of record. The pitch: the world already runs on distributed ledgers, but the consensus algorithm is reconciliation — expensive, slow, and the reason payments are slow, margin is expensive, and capital requirements are astronomical. DAML replaces this by putting authorization directly on the data, enabling privacy-preserving data integrity across organizations. Customers are using DAML to rebuild equity settlement (eliminating margining), re-architect repo markets, and tokenize new asset classes (peer-to-peer sports betting, securitized factoring receivables). The demo showcases Digital Asset\'s open-source "market in a box" — a 30-minute-deployable marketplace with investors, custodians, and an exchange running on Project Daimler (Digital Asset\'s devops-free cloud runtime) and integrated with partner Xberry\'s high-performance matching engine. A sample Bitcoin/Tesla trading pair shows DAML\'s ability to create, list, and settle any pair on the fly, with a live view of per-party database state, UUID-based privacy-preserving onboarding, and data-layer authorization that blocks wrong-party API calls at the ledger itself.
Topics: Blockchain & DLT, Capital Markets
V-Sum Three
Presented by Eric Saraniecki
Eric Sarnecki, co-founder of Digital Asset, demos DAML — Digital Asset\'s framework for building networks of systems of record. The pitch: the world already runs on distributed ledgers, but the consensus algorithm is reconciliation — expensive, slow, and the reason payments are s…