Digital Asset and Blockchain Technology Partners launch Sextant for DAML
Digital Asset and Blockchain Technology Partners announced the availability of Sextant for DAML with early adopters Quantum Materials Corp
Counterfeit goods are a $1.8 trillion criminal industry with vast economic and human consequences. Using the latest in nanotechnology, smart contracts and blockchain, Quantum Material Corp (QMC) partnered with Digital Asset and BTP to deliver a platform that will allow manufacturers and buyers to determine absolute product identity.
QMC has released Quantum Dots, nanoscale particles so tiny you could line ten thousand of them across the diameter of a human hair. By varying properties such as wavelength QMC are able to produce billions of unique optical signatures. Impossible to copy, these can be incorporated in the production of almost anything, from aircraft components to luxury handbags.
These unique optical signatures are only useful, however, when paired with the technology that enables them to be read and identified securely. This is where Digital Asset and BTP have stepped in.
To verify an optical signature, an immutable and cryptographically secure digital twin is required - the perfect use case for blockchain. Combining their expertise in getting blockchain projects into production and generating real business value, Digital Asset and BTP partnered with QMC to provide a platform that will enable customers to verify the authenticity of their optical light signatures as simply as using a hand-held scanner or smartphone application.
By combining DAML, the leading smart contract language created and open sourced by Digital Asset, and Sextant for DAML, BTP’s blockchain management platform especially designed to deploy DAML onto distributed ledgers and databases, QMC has been able to get to market fastest and produce real value.
For more detail, check out the latest DAML blog