Blockchain company Digital Asset collaborates with International Swaps and Derivatives Association to standardize its derivatives data

According to CoinDesk, on April 9th, enterprise blockchain company Digital Asset announced that it is working with the International Swaps and Derivatives Association (ISDA) to develop software to make cost-cutting data standards easier to adopt. Digital Asset said it will use its Digital Asset Modeling Language (DAML) to help developers implement ISDA's Common Domain Model (CDM) in trading and managing derivatives solutions. Earlier on April 4th, Digital Asset announced the open source of its Digital Asset Modeling Language (DAML).