Daml 101: Welcome to Daml 101 [2022]
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About this video
📚Check out Daml Learning Center: bit.ly/LearnDaml 📖Join our forum and get started: bit.ly/tryDaml
This is a multi episode series intended to take you from the brief context behind blockchain and smart contract to the development of smart contracts using a next-gen smart contract language called Daml. The entire series can be found here: bit.ly/damlone
Daml is a development framework for creating systems of record that securely connect across business processes and data boundaries while retaining privacy, guaranteeing data integrity, and enforcing strict authorization. Allowing such systems to cross boundaries — legal, regulatory, organizational, or other — enables them to form seamless economic networks.
Transcript
540 wordsCaptions as YouTube publishes them, usually machine-generated, so names such as Daml and Canton can be misheard.
- 0:01
in this video series i'm going to get you started on smart contracts and how to develop your app using smart contracts and it's not as hard as you think because we're going to look at a very simple and versatile language called demo hi this is steve sale from digital asset i have been in the tech industry for a long time and every year there's always a handful of technologies that are skyrocketing more than the rest when i first joined the tech world it was all about mobile
- 0:38
and then facebook came along and social became very important and then there was the cloud which then opened the door to mlai iot and let's not forget vr ar voice which are here to stay one of the hottest technologies and trends that you should be aware of that's changing not just the tech world but all the industry that it touches is blockchain and smart contracts in this video series i'm going to get you started on smart contracts and how
- 1:11
to develop your app using smart contracts and it's not as hard as you think because we're going to look at a very simple and versatile language called demo you are continuing to watch because you're here to learn something new or maybe you're here to kick the tires to find out what this smart contract thing is all about or maybe you want to learn how to hack not the bad hack the good hack you know creating innovative solutions
- 1:46
that can solve real world problems you are at the right place this video series will provide you with the context and then cover the fundamentals and obviously we'll dig into code to show you actually how to write the code each episode is meant to be short independent and then it will cover the fundamentals because your app eventually will be more sophisticated than what this video series can cover but it's
- 2:16
important that you have the fundamentals right before we go any further let's clear up five misconceptions that you may have about smart contracts number one developing smart contracts requires cryptocurrency that is not true you do not need cryptocurrency to write smart contracts number two smart contracts work like bitcoin so some server farm of expensive hardware is required
- 2:59
that is incorrect there's plenty of platforms out there that offers blockchain as a service number three smart contracts run on public blockchain infrastructures so no privacy that is incorrect you can have a private blockchain number four smart contracts is only for financial transactions not quite true we're going to learn in this video series of many many applications of smart contracts in health care in insurance in all kinds of
- 3:46
industries number five smart contracts is too new and unstable for real world use that is incorrect the blockchain technology behind smart contracts have existed in the early 90s so those are the big five misconceptions about smart contracts and and working with them maybe you already know them but do you know what happened in september of 2008 and what it has to do with smart contracts
- 4:27
we'll save it for next time see you in the next episode