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R3 and Digital Asset to Integrate for Blockchain Optimization

Written byMaxwell Mutuma
Edited by Niharika Deshpande
June 19, 2019
in Blockchain News
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In a unique shift in a strategic position, R3 and Digital Asset (DA) have come together with the goal of maximizing and optimizing the blockchain networks they are based on. The announcement came on Tuesday, which also confirmed that DA would incorporate the Digital Asset Modelling Language (DAML) to R3’s Corda, and even to Hyperledger Fabric after DA’s tie-up Hyperledger Sawtooth in May.

CEO from Blythe Masters, the Wall Street Stalwart who left the company suddenly in December 2018. While speaking to the media, Rooz said,

Rooz said

Apart from the collaboration with R3, DA will also enter a partnership with Amazon Aura, the e-commerce giant’s non-blockchain traditional cloud database service provider. This partnership comes on the backdrop of strong demand by DA’s customers. Rooz further added that DAML would enter into partnerships with many more traditional database service providers. This could happen because of its data-intensive business model. He also said,

Rooz further added

R3 co-founder and Chief Product Officer, Todd McDonald stated that Yuval Rooz was present at the first round table of R3. He added,

Todd McDonald stated

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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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