Professional services firm Accenture (NYSE:ACN) announced on Monday that it had conducted its first transactions through a blockchain app that provides a better experience in terms of corporate asset management. The new distributed ledger technology (DLT) application was built on Digital Asset’s smart contract programming language called DAML. It will allow Accenture to streamline the tracking of its software licenses, from origination to acquisition.

Melanie Cutlan, senior principal at Accenture’s Technology Innovation unit, commented:

“We manage a significant portfolio of software licenses across businesses, clients and geographies, which demands relevant policies and procedures supported with the right technology. While software asset tracking and management tools have evolved, it can still be a daunting ta…

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