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NEW YORK, Sept. 08, 2021 (GLOBE NEWSWIRE) — Digital Asset, a software program and providers supplier that helps enterprises construct financial worth by interconnected networks, right this moment introduced a six-week on-line hackathon, hosted in partnership with SE2, a life and annuities insurance coverage know-how and providers supplier. The hackathon will deliver collectively builders from across the globe to make use of Daml, a multi-party software platform created by Digital Asset, to develop revolutionary blockchain and sensible contract functions.
Via October twenty fifth, builders will probably be challenged to create the subsequent breakthrough Daml software, serving to to form the way forward for monetary providers, insurance coverage, and healthcare industries. All individuals within the hackathon may have the chance to change into licensed Daml builders by a complimentary certification program run by Digital Asset.
“Daml has the facility to reinvent how we use sensible contracts and blockchain to rework real-world industries,” stated Digital Asset’s Chief Product Officer, Craig Blitz. “Purposes composed with Daml can run on and join throughout any platform, enabling interoperable programs no matter underlying know-how. Daml is already being utilized in quite a lot of creative methods, and we’re excited to see what groundbreaking new concepts come out of this hackathon.”
On the end result of the six-week hackathon, builders will demo their functions which will probably be judged on three standards: enterprise worth, creativity, and implementability (individuals should embody a hyperlink to their code in GitHub). The judges panel will probably be made up of sensible contract, blockchain, and multi-party software consultants, together with Digital Asset Founders Yuval Rooz, Shaul Kfir, and Eric Saranecki, in addition to SE2’s Chief Know-how Officer Brad Medd.
The hackathon winner will probably be awarded a money prize of $10,000, and the 2 runner ups will every win $2,500. More money prizes will go to winners of “Greatest Of” classes.
“We’re thrilled to get so many sensible builders collectively who’re chargeable for constructing the subsequent wave of sensible contracts,” stated SE2’s Chief Know-how Officer, Brad Medd. “Daml and sensible contracts have change into highly effective forces of transformation within the insurance coverage business. We’re regularly in search of certified Daml expertise to deliver on to our SE2 group.”
“It’s thrilling to see two of our firms working collectively to advance the state of blockchain and sensible contracts,” stated Michele Trogni, Chairman of SE2 and an Working Companion at Eldridge. “Not solely is there a lot room for innovation on this house, however the market alternative right here is super as properly.”
Organizations throughout the globe depend on Daml to rework knowledge silos into synchronized networks. Daml permits workflows to be shared privately and securely inside and throughout organizations, resulting in constant, built-in knowledge, easy-to-adapt architectures, and a system of widespread interfaces. Utilized by firms together with Nasdaq, Xpansiv, HKEX, ASX and Broadridge Monetary Options, amongst others, Digital Asset helps to construct a world financial community of interconnected companies.
builders can be taught extra concerning the hackathon and the Daml growth platform at https://smartcontracts.devpost.com/.
To be taught extra concerning the meteoric rise of Daml:
About Digital Asset
Digital Asset is a software program and providers supplier that helps enterprises construct financial worth by interconnected networks. The corporate designs and delivers know-how that reshapes legacy programs and workflows into environment friendly, safe, and interconnected functions. Daml, our know-how, works throughout conventional boundaries, creating interconnected networks the place data and worth circulate freely. Daml is a platform for constructing multi-party functions. It extracts and simplifies enterprise processes to make knowledge accessible and optimizes workflows utilizing sensible contracts. Main organizations from monetary providers to insurance coverage and healthcare accomplice with Digital Asset to create new multi-party options that rework disparate silos into synchronized networks.
SE2, an Eldridge enterprise, is a life and annuities insurance coverage know-how and providers agency. SE2 has a confirmed monitor report of enabling know-how pushed transformations. SE2 uniquely combines business data stemming from its 125+ years of life insurance coverage heritage together with its end-to-end SE2 Aurum® know-how platform to allow the speedy launch of latest and revolutionary merchandise by each conventional in addition to digital channels. SE2 presently administers practically 2 million lively insurance policies on behalf of its 25+ shoppers. SE2 has over $100 billion in belongings beneath administration and handles greater than 200,000 new enterprise functions yearly. Please go to SE2 at www.SE2.com to be taught extra.
Media contacts:BOCA Communications for Digital Assetmedia@digitalasset.com
Supply: Digital Asset