Iota set to launch decentralized smart contract platform to expand Web3 ecosystem
Iota has announced the release of decentralized layer-one smart contract network Assembly, and accompanying ASMB token, in a bid to accelerate the expansion of smart contracts across a multitude of sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). Assembly utilizes the Iota network’s existing architecture, most notably the directed acyclic graph structure, to operate […]
Iota launches beta smart contracts to foster interoperability
The Iota Foundation has announced the release of its beta version smart contract functionality, with the objective to solve market challenges of scalability limitations and high transaction fees, as well as reportedly debuting components not witnessed thus far in the space. Iota’s nonprofit foundation is focused on open-source research and development initiatives to drive adoption […]