what are Contract Templates in Daml?

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Contract templates describe data that will be stored on the ledger. Templates determine who can read and write data; and by whom and how this data can be altered.

#DAML is an open-source smart contract language designed to build composable applications on an abstract ledger model.

DAML is a high level language that focuses on data privacy and authorization of distributed applications. These concepts are represented first class in the language.

By abstracting data privacy and authorization, DAML takes the burden off the programmer to think about concrete cryptographic primitives and lets her focus on workflow logic.

DAML is a statically typed functional language.

Applications specified in DAML can be deployed on a growing number of platforms including Amazon Aurora , VMWare Concord , R3 Corda , Hyperledger Fabric , Hyperledger Sawtooth , Project DABL and PostgreSQL .

We will show how to: template keyword signatory observer key maintainer

#distributedapplications #smartcontracts