[ad_1]
EMURGO, a founding entity of Cardano (ADA), announces the launch of a new platform that will connect the interaction between ADA users and decentralized applications (dApps) on the blockchain network.
In a statement, EMURGO says it will soon deploy the Yoroi dApp connector that will allow ADA holders to access decentralized applications on the Cardano blockchain from their web browsers using a plugin.
“After activating the dApp connector, the user will be able to participate in all activities authorized by the dApp, such as buying or selling tokens, accessing resources or using other features offered by the dApp. …
This communication bridge between the two platforms facilitates the validation of ownership of specific assets and can enable transactions to be executed for the dApp.
Yoroi is a lightweight crypto wallet that allows users to manage their ADA holdings on their mobile phones.
The announcement comes amid anticipation of Alonzo’s upgrade from Cardano which will aim to bring smart contract functionality to the blockchain and provide support to developers who want to build Decentralized Finance (DeFi) dApps. .
In a video update, Cardano founder Charles Hoskinson said that the Alonzo upgrade is on track to launch in the coming weeks.
“So I still think our timelines are good – August, September. These are holding on. And I still think most of the development infrastructure will be built between August and September, and then a long tail of iterative improvements to that infrastructure as dApps are built and deployed on Cardano.
Don’t Miss a Beat – Subscribe to receive crypto email alerts straight to your inbox
follow us on Twitter, Facebook and Telegram
Surf the daily Hodl Mix
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.
Featured Image: Shutterstock / cobalt88
[ad_2]
Source link