Solve Data Synchronization Challenges with Blockchain and Smart Contracts

Solve Data Synchronization Challenges with Blockchain and Smart Contracts

Explore how blockchain and smart contracts can address data synchronization challenges in this 26-minute Linux Foundation talk by David Richards from Digital Asset. Learn about the concept of a Virtual Shared System of Record (VSSoR) using smart contracts and blockchain technology. Discover how Daml, with built-in data synchronization capabilities, offers a solution that goes beyond open data, incorporating shared processes and strict permissioning for cooperative problem-solving. Delve into the demo language, code, ledger API, and drivers, as well as development tools. Gain insights into composability, multiple applications, manual reconciliation, and security aspects of this innovative approach to enterprise data synchronization.