DLT-solutions provider Digital Asset announced about partnership with Google Cloud in order to create a platform for deploying blockchain-based solutions without having to write the code from ground zero.

Under the terms of the partnership agreement, Digital Asset will provide both software and technical support services. Developers now have access to a comprehensive suite of tools and services to build, test and deploy distributed ledger applications on-demand.

In turn, developers of Google Cloud also joined the private beta of Digital Asset’s developer program, which provides a select group of technology partners, software vendors and global financial institutions with access to the Software Development Kit (SDK) for DAML, the Digital Asset Modeling Language.

“We’re partnering with Google Cloud to provide developers with a full stack solution so they can unleash the potential for web-paced innovation in blockchain,” said Blythe Masters, CEO of Digital Asset. “This will reduce the technical barriers to DLT application development by delivering our advanced distributed ledger platform and modelling language to Google Cloud.”

In the future, a cloud-based "platform as a service" (PaaS) DAML will be used to test and run blockchain applications, which will be available through the Google Cloud application store.

“DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re

excited to bring these developer tools to Google Cloud,” said Leonard Law, Head of Financial Services Platform at Google Cloud.

Digital Asset Holdings was founded in 2014, with Blyth Masters becoming its CEO in 2015. The main field of activity is the creation of distributed ledger technology-based solutions for various financial institutions. As a result of three rounds of fundraising, the company attracted more than $107 million. Currently, Digital Asset employs 130 people.