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Tuesday, October 5 • 2:50pm - 3:20pm
Solve Data Synchronization Challenges with Blockchain & Smart Contracts - David Richards, Digital Asset

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Blockchains are typically well positioned to solve the issues of trust and data synchronization.  In enterprise technology data synchronisation is often the main challenge to overcome - the technical difficulty of multiple parties, either within the same organisation or spanning multiple organisations sharing data to drive a competitive advantage.  Better technology is needed to solve the problem and Daml has data synchronisation built into its core.  We introduce a concept called a Virtual Shared System of Record (VSSoR) using Smart Contracts and Blockchain that goes beyond open data, incorporates shared processes, and provides for strict well-permissioned cooperation that ensures only necessary data is shared to cooperatively solve a problem..

avatar for David Richards

David Richards

Product Manager, Digital Asset
David is a Product Manager at Digital Asset working on a programming language and tech stack called Daml which solves data silos using Distributed Ledger Technology or Databases.  David's experience is in data & application integration.

Tuesday October 5, 2021 2:50pm - 3:20pm BST
Integrate 1
  Addressing the Data Challenge
  • Experience Level Beginner
  • Presentation Slides Attached Yes