Sphereon enables tokenization of assets & stablecoin management using DAML on Factom Protocol

Chicago, September 30, 2019 — Sphereon announced today that it has integrated the Factom Asset Token (FAT) protocol with DAML, the open source smart contract language created by Digital Asset. This enhances the capabilities of DAML to issue and transact fungible and non-fungible tokens on any of the DAML supported ledgers. This allows the issuance and management of stablecoins using DAML on a public Blockchain platform.

This development leverages DAML to issue and transact fungible and non-fungible tokens on any of the DAML-supported ledgers, thus allowing the issuance and management of stablecoins using DAML on a public blockchain platform.