{"id":"fohZtjzVjT8","title":"Lesson 2: Value of a Daml App","description":"For a better learning experience, sign up and enroll in this free course at: https://daml.talentlms.com/plus/catalog/courses/160","channel_name":"Digital Asset Training","published_at":"2025-02-19T00:00:00.000Z","thumbnail_url":"https://i.ytimg.com/vi/fohZtjzVjT8/hqdefault.jpg","transcript_text":"to get maximum value out of a new technology like danl and Canton it is important to keep the business goals in mind and align design and Architectural decisions with those goals this alignment between goals and architecture starts with a clear understanding of that why the core value that drove the tech decision in this lesson we will recap this central question why DL in terms of the unique value it offers and how this relates to the kinds of architectural decisions a technical solution architect faces we will start with a reiteration of the core value proposition of daml and Canton and then relate this to two main stakeholders that derve this value app providers and app users daml apps offer two key value drivers first syncretization and connectivity between users within an application that spans organization boundaries this value is realized in terms of operational and opportunity cost savings associated with traditional multi-day processes a core example that profits from this type of synchronization is asset issuance registry and life cycling having a single logical system that records asset status and ownership across all stakeholder organizations removes the reconciliation and exception handling processes that are necessary us using traditional technology not only does that save the associated operational costs but also the latencies the processes induce opening the door to real-time settlement at reduced cost the second value driver is synchronization and connectivity across applications for example a trade settlement application could be built by composing two asset Registries potentially operating in two separate organizations into a IC delivery versus payment or DVP transactions this builds new value on what already exists by connecting the two Registries and synchronizes these applications by guaranteeing that either both the payment and the delivery get settled or that neither asset moves compared to today's Financial system this removes counterparty risk and risk of partial settlements as a result it opens up New Market opportunities like interest repo trading or asset mobility and collateral optimization across Geographic and sub organizational boundaries jointly the seamless synchronization and connectivity between user and apps give rise to network effects users that are already part of the ecosystem create demand for new assets and services within that ecosystem each new DL asset or service makes it more attractive for users to join the ecosystem and opens up new opportunities for further connected or enhanced Services through composition let us now look at these values from the perspectives of app providers and app users an app provider is an organization that builds and operates the app with the aim to offer enhanced services to its app users by offering real-time synchronization and connectivity between app users and applications while preserving stakeholders sovereignty and privacy for example an app provider can offer a bond registry that generates revenue from the fees charged to bond issuers for issuing their bonds and the fees charged to transfer the bonds this is a multi-organization business process as issuers and holders are typically different organizations an app user is also an organization that subscribes to the DL app to use the services offered by the app provider for an app user the value of a daml app also comes at several levels apart from the operational benefits such as significant reduction in operational costs an app user can participate in Cross organization workflows without the reconciliation challenges the dla app relieves the app users from maintaining their own recordkeeping systems they can now focus on building their decision-making system because the daml app gives them a realtime fully reconciled system of records with their counterparties however it is important to note at this point that both app providers and app users are Enterprises that operate in a regulatory environment in the context of a financial Enterprise there are two properties that a technology must afford in business transactions to be able to comply with the regulations first is privacy which means confidentiality about assets and transfers in a tokenization application at a subtransaction level this need for privacy is applicable to most of the traditional Financial assets as an example it is not acceptable for the cap table of a tokenized financial asset to be public knowledge or the transfer of such assets to be visible to parties that are not directly involved in that transfer the second property is independent control the issuers and custodian of digital assets have Regulatory and fiduciary responsibilities to control the availability scalability and performance of the technology employed for tokenized asset transactions to comply with regulations such as kyc and AML which means they need to control the access to assets and transactions they need control over the smart contracts for any special scenarios that need Corrections or overwriting and finally the technology must be able to evolve to continue to comply with new regulations the need for privacy is fulfilled by the use of Canton protocol which decomposes transactional data to create views or projections a stakeholder in the smart contract can see the view as per its role specified in the smart contract which allows subtransaction privacy the TSA should ensure that the DL contracts correctly model who gets to see what data by assigning appropriate roles to the stakeholders in the contract in this way a damel application provides subtransaction privacy to meet this requirement to meet the second requirement of independent control the app users must have full control over their legal system of Records if the app user relies on the app provider's participant node then it would need to integrate its system of records with the app providers participant node bringing the reconciliation challenge Alles back into the mix therefore the app users must have their own participant node that serves as their primary source of data giving them independent controls and data sovereignty from here on depending on the extent of control required for the application the app users can either use the front end published by the app provider or develop their own to get complete control and customized functionalities they can also develop and maintain its own backend if it wants to perform backend Automation and integration with its internal systems This Way app users can independently control the adoption cost and the unique value they derive from dl's capabilities they can build their own infrastructure in a staged adoption model to gradually gain full control in terms of access availability scalability and performance over time so far we have discussed the meaning and the value of the first value driver which is about synchronization of transactions among users within a single DL app let us now discuss the second value driver which is the ability to conduct transactions across applications this value driver delivers a longer term strategic value to be realized by becoming part of a larger daml and Canton ecosystem in which daml and Canton technology is not just a recordkeeping system but a platform that enables Network effects through the exponential value of connections let us look at an example an app provider can start with tokenization of assets and maintain an asset registry for the app users to use once the asset registry is operational the same or other app providers can now build services such as trading and settlement of assets these apps further increase the utility of the assets and ex extend the operational gains such as removal of reconciliation costs risk-free settlement and reduction in turnaround Times app providers of foundational apps like asset Registries profit from enabling app composition as the composed apps create both additional trading volume and thus trading fees as well as attracting additional users furthermore this enhanced utility drives demand for more assets which in turn drives the value enhanced Services created thus creating a virtuous cycle with an increasing range of services made available the platform now transforms into a Marketplace that has the potential to attract more app providers to build more apps and app users to use those apps thereby exponentially increasing the value of connecting to the network however this value can be realized only when the smart contracts of these applications are deployed and integrated at the same protocol level to enable interoperability Canton allows interoperability through a combination of internal smart contracts that model the business logic and integration smart contracts that offer an API for other applications to connect to app providers can benefit from this native interoperability by designing their smart contracts as internal and as those that function as interfaces to other apps this will allow them to compose higher order apps and derive long-term value from their DL applications let us now summarize the key takeaways from this lesson the first key value driver of a DL app is synchronization with an app the app providers generate Revenue by offering these apps for app users and app users gain opportunity and operational cost savings through real-time reconciliations an ability to participate in Cross organizational work close and the ability to shift their focus from recordkeeping to faster decision-making however as these stakeholders are Enterprises that operate within a regulatory environment The Regulators in the financial sector mandate two Key properties that the asset tokenization technology must have privacy and independent controls the d/ Canton technology fulfills the Privacy requirement by decomposing the transactional data into views visible only to the stakeholders according to their role in the smart contracts the requirement of independent control makes it critical for app users to have their own independent participant node so that they remove reconciliation challenges and control their own legal system of records from here on they can follow a staged adoption pathway by building their own backend and front end as needed the second value driver is the ability to conduct multi-party transactions across applications this ability removes the risk of partial settlement and risk of counterparties and opens up new business opportunities in terms of wider adoption of the applications deployed on the Canton platform which in turn leads to increased asset value to realize this long-term value the app providers should take advantage of canton's interoperability and design their contracts as a combin of internal contracts that capture the business logic and contracts that present the interfaces for external applications to connect to","transcript_synced_at":"2026-10-26T04:03:58.671Z","segments":[{"start_seconds":3,"text":"to get maximum value out of a new technology like danl and Canton it is important to keep the business goals in","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=3s"},{"start_seconds":10,"text":"mind and align design and Architectural decisions with those goals this alignment between goals and architecture","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=10s"},{"start_seconds":18,"text":"starts with a clear understanding of that why the core value that drove the tech decision in this lesson we will","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=18s"},{"start_seconds":25,"text":"recap this central question why DL in terms of the unique value it offers and how this relates to the kinds of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=25s"},{"start_seconds":33,"text":"architectural decisions a technical solution architect faces we will start with a reiteration of the core value","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=33s"},{"start_seconds":40,"text":"proposition of daml and Canton and then relate this to two main stakeholders that derve this value app providers and","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=40s"},{"start_seconds":48,"text":"app users daml apps offer two key value drivers first syncretization and connectivity between users within an","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=48s"},{"start_seconds":57,"text":"application that spans organization boundaries this value is realized in terms of operational and opportunity","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=57s"},{"start_seconds":65,"text":"cost savings associated with traditional multi-day processes a core example that profits from this type of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=65s"},{"start_seconds":72,"text":"synchronization is asset issuance registry and life cycling having a single logical system that records asset","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=72s"},{"start_seconds":81,"text":"status and ownership across all stakeholder organizations removes the reconciliation and exception handling","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=81s"},{"start_seconds":88,"text":"processes that are necessary us using traditional technology not only does that save the associated operational costs but also","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=88s"},{"start_seconds":97,"text":"the latencies the processes induce opening the door to real-time settlement at reduced cost the second value driver","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=97s"},{"start_seconds":105,"text":"is synchronization and connectivity across applications for example a trade settlement application could be built by","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=105s"},{"start_seconds":113,"text":"composing two asset Registries potentially operating in two separate organizations into a IC delivery versus","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=113s"},{"start_seconds":121,"text":"payment or DVP transactions this builds new value on what already exists by connecting the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=121s"},{"start_seconds":128,"text":"two Registries and synchronizes these applications by guaranteeing that either both the payment and the delivery get","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=128s"},{"start_seconds":135,"text":"settled or that neither asset moves compared to today's Financial system this removes counterparty risk","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=135s"},{"start_seconds":143,"text":"and risk of partial settlements as a result it opens up New Market opportunities like interest repo","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=143s"},{"start_seconds":150,"text":"trading or asset mobility and collateral optimization across Geographic and sub organizational boundaries jointly the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=150s"},{"start_seconds":159,"text":"seamless synchronization and connectivity between user and apps give rise to network effects users that are","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=159s"},{"start_seconds":167,"text":"already part of the ecosystem create demand for new assets and services within that ecosystem each new DL asset or service","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=167s"},{"start_seconds":176,"text":"makes it more attractive for users to join the ecosystem and opens up new opportunities for further connected or","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=176s"},{"start_seconds":183,"text":"enhanced Services through composition let us now look at these values from the perspectives of app providers and app","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=183s"},{"start_seconds":191,"text":"users an app provider is an organization that builds and operates the app with the aim to offer enhanced services to","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=191s"},{"start_seconds":199,"text":"its app users by offering real-time synchronization and connectivity between app users and applications while","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=199s"},{"start_seconds":206,"text":"preserving stakeholders sovereignty and privacy for example an app provider can offer a bond registry that generates revenue","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=206s"},{"start_seconds":215,"text":"from the fees charged to bond issuers for issuing their bonds and the fees charged to transfer the bonds this is a","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=215s"},{"start_seconds":223,"text":"multi-organization business process as issuers and holders are typically different organizations an app user is also an","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=223s"},{"start_seconds":232,"text":"organization that subscribes to the DL app to use the services offered by the app provider for an app user the value","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=232s"},{"start_seconds":239,"text":"of a daml app also comes at several levels apart from the operational benefits such as significant reduction","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=239s"},{"start_seconds":247,"text":"in operational costs an app user can participate in Cross organization workflows without the reconciliation","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=247s"},{"start_seconds":255,"text":"challenges the dla app relieves the app users from maintaining their own recordkeeping systems they can now focus","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=255s"},{"start_seconds":262,"text":"on building their decision-making system because the daml app gives them a realtime fully reconciled system of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=262s"},{"start_seconds":269,"text":"records with their counterparties however it is important to note at this point that both app","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=269s"},{"start_seconds":276,"text":"providers and app users are Enterprises that operate in a regulatory environment in the context of a financial Enterprise","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=276s"},{"start_seconds":285,"text":"there are two properties that a technology must afford in business transactions to be able to comply with the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=285s"},{"start_seconds":291,"text":"regulations first is privacy which means confidentiality about assets and transfers in a tokenization application","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=291s"},{"start_seconds":299,"text":"at a subtransaction level this need for privacy is applicable to most of the traditional Financial assets as an","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=299s"},{"start_seconds":307,"text":"example it is not acceptable for the cap table of a tokenized financial asset to be public knowledge or the transfer of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=307s"},{"start_seconds":315,"text":"such assets to be visible to parties that are not directly involved in that transfer the second property is","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=315s"},{"start_seconds":323,"text":"independent control the issuers and custodian of digital assets have Regulatory and fiduciary responsibilities to control the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=323s"},{"start_seconds":331,"text":"availability scalability and performance of the technology employed for tokenized asset transactions to comply with","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=331s"},{"start_seconds":340,"text":"regulations such as kyc and AML which means they need to control the access to assets and","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=340s"},{"start_seconds":347,"text":"transactions they need control over the smart contracts for any special scenarios that need Corrections or","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=347s"},{"start_seconds":355,"text":"overwriting and finally the technology must be able to evolve to continue to comply with new","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=355s"},{"start_seconds":362,"text":"regulations the need for privacy is fulfilled by the use of Canton protocol which decomposes transactional data to","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=362s"},{"start_seconds":370,"text":"create views or projections a stakeholder in the smart contract can see the view as per its role specified in the smart contract","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=370s"},{"start_seconds":379,"text":"which allows subtransaction privacy the TSA should ensure that the DL contracts correctly model who gets to","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=379s"},{"start_seconds":387,"text":"see what data by assigning appropriate roles to the stakeholders in the contract in this way a damel application","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=387s"},{"start_seconds":395,"text":"provides subtransaction privacy to meet this requirement to meet the second requirement of independent control the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=395s"},{"start_seconds":403,"text":"app users must have full control over their legal system of Records if the app user relies on the app provider's","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=403s"},{"start_seconds":411,"text":"participant node then it would need to integrate its system of records with the app providers participant node bringing the reconciliation challenge Alles back","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=411s"},{"start_seconds":420,"text":"into the mix therefore the app users must have their own participant node that serves as their primary source of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=420s"},{"start_seconds":428,"text":"data giving them independent controls and data sovereignty from here on depending on the extent of control required for the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=428s"},{"start_seconds":437,"text":"application the app users can either use the front end published by the app provider or develop their own to get","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=437s"},{"start_seconds":444,"text":"complete control and customized functionalities they can also develop and maintain its own backend if it wants","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=444s"},{"start_seconds":452,"text":"to perform backend Automation and integration with its internal systems This Way app users can","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=452s"},{"start_seconds":459,"text":"independently control the adoption cost and the unique value they derive from dl's capabilities they can build their own","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=459s"},{"start_seconds":467,"text":"infrastructure in a staged adoption model to gradually gain full control in terms of access availability scalability","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=467s"},{"start_seconds":476,"text":"and performance over time so far we have discussed the meaning and the value of the first value driver which is about","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=476s"},{"start_seconds":484,"text":"synchronization of transactions among users within a single DL app let us now discuss the second value driver which is","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=484s"},{"start_seconds":493,"text":"the ability to conduct transactions across applications this value driver delivers a longer term strategic value to be","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=493s"},{"start_seconds":501,"text":"realized by becoming part of a larger daml and Canton ecosystem in which daml and Canton technology is not just a","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=501s"},{"start_seconds":509,"text":"recordkeeping system but a platform that enables Network effects through the exponential value of connections let us look at an","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=509s"},{"start_seconds":517,"text":"example an app provider can start with tokenization of assets and maintain an asset registry for the app users to use","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=517s"},{"start_seconds":526,"text":"once the asset registry is operational the same or other app providers can now build services such as trading and","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=526s"},{"start_seconds":533,"text":"settlement of assets these apps further increase the utility of the assets and ex extend the operational gains such as","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=533s"},{"start_seconds":541,"text":"removal of reconciliation costs risk-free settlement and reduction in turnaround Times app providers of","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=541s"},{"start_seconds":549,"text":"foundational apps like asset Registries profit from enabling app composition as the composed apps create both additional","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=549s"},{"start_seconds":556,"text":"trading volume and thus trading fees as well as attracting additional users furthermore this enhanced utility drives","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=556s"},{"start_seconds":565,"text":"demand for more assets which in turn drives the value enhanced Services created thus creating a virtuous cycle","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=565s"},{"start_seconds":573,"text":"with an increasing range of services made available the platform now transforms into a Marketplace that has the potential to attract more app","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=573s"},{"start_seconds":582,"text":"providers to build more apps and app users to use those apps thereby exponentially increasing the value of connecting to the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=582s"},{"start_seconds":591,"text":"network however this value can be realized only when the smart contracts of these applications are deployed and","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=591s"},{"start_seconds":599,"text":"integrated at the same protocol level to enable interoperability Canton allows interoperability through a combination","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=599s"},{"start_seconds":607,"text":"of internal smart contracts that model the business logic and integration smart contracts that offer an API for other","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=607s"},{"start_seconds":614,"text":"applications to connect to app providers can benefit from this native interoperability by designing their","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=614s"},{"start_seconds":622,"text":"smart contracts as internal and as those that function as interfaces to other apps this will allow them to compose","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=622s"},{"start_seconds":630,"text":"higher order apps and derive long-term value from their DL applications let us now summarize the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=630s"},{"start_seconds":637,"text":"key takeaways from this lesson the first key value driver of a DL app is synchronization with an app the app","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=637s"},{"start_seconds":645,"text":"providers generate Revenue by offering these apps for app users and app users gain opportunity and operational cost","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=645s"},{"start_seconds":653,"text":"savings through real-time reconciliations an ability to participate in Cross organizational work close and the ability to shift their","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=653s"},{"start_seconds":661,"text":"focus from recordkeeping to faster decision-making however as these stakeholders are Enterprises that","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=661s"},{"start_seconds":668,"text":"operate within a regulatory environment The Regulators in the financial sector mandate two Key properties that the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=668s"},{"start_seconds":675,"text":"asset tokenization technology must have privacy and independent controls the d/","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=675s"},{"start_seconds":683,"text":"Canton technology fulfills the Privacy requirement by decomposing the transactional data into views visible","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=683s"},{"start_seconds":690,"text":"only to the stakeholders according to their role in the smart contracts the requirement of independent control makes it critical for app users","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=690s"},{"start_seconds":700,"text":"to have their own independent participant node so that they remove reconciliation challenges and control","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=700s"},{"start_seconds":706,"text":"their own legal system of records from here on they can follow a staged adoption pathway by building their own","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=706s"},{"start_seconds":714,"text":"backend and front end as needed the second value driver is the ability to conduct multi-party transactions across","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=714s"},{"start_seconds":723,"text":"applications this ability removes the risk of partial settlement and risk of counterparties and opens up new business","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=723s"},{"start_seconds":730,"text":"opportunities in terms of wider adoption of the applications deployed on the Canton platform which in turn leads to","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=730s"},{"start_seconds":738,"text":"increased asset value to realize this long-term value the app providers should take advantage of canton's","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=738s"},{"start_seconds":745,"text":"interoperability and design their contracts as a combin of internal contracts that capture the business logic and contracts that present the","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=745s"},{"start_seconds":754,"text":"interfaces for external applications to connect to","url":"https://www.youtube.com/watch?v=fohZtjzVjT8&t=754s"}],"youtube_url":"https://youtube.com/watch?v=fohZtjzVjT8","url":"https://ccpedia.xyz/videos/fohZtjzVjT8"}