Fintech Digital Asset has partnered with Google Cloud to create an innovative environment for blockchain-based projects. The announcement was made on Monday.
Digital Asset intends to help tech architects implement new blockchain-related solutions without designing them individually from scratch. Due to the collaboration, Digital Asset will offer software solutions to applicants entering the blockchain space, as reported in a press release.
Furthermore, Google Cloud became part of the Digital Asset’s private beta developer program, gaining access to the Digital Asset Modeling Language (DAML) and Software Development Kit (SDK).
Through the partnership, Digital Asset plans to transform its DAML into a PaaS- platform-as-a-service, aiming to help tech architects testing blockchain proposals. The product will be available via Google Cloud’s marketplace.
Digital Asset CEO Blythe Masters believes the partnership will simplify the way developers explore blockchain technology:
“We’re partnering with Google Cloud to provide developers with a full stack solution so they can unleash the potential for web-paced innovation in blockchain. This will reduce the technical barriers to DLT application development by delivering our advanced distributed ledger platform and modelling language to Google Cloud.”
Alike, Google Cloud Financial Services Platform leader Leonard Law pointed out the tech giant is “delighted to innovate” next to Digital Asset.
“DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud,” he added.