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WeBank to Incorporate Smart Contract Language DAML for Chinese National Blockchain Platform

In a recent announcement, WeBank said that Digital Asset’s DAML would significantly help FISCO BCOS offer attractive blockchain solutions to its users. WeBank hopes that this will improve several sectors, especially the supply chain, in China and other countries as well.

All members of FISCO including Tencent Cloud, Huawei, the Shenzhen Securities Communication, WeBank and hundreds of other institutions, intend to launch the BSN by April 25.

DAML was created back in 2016, aimed at helping financial institutions get onboard with distributed ledger technology (DLT).

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