Cardano (ADA) to allow users create and execute P2P financial agreements

In a blog post that begins by relating flawed experiences with traditional financial services, IOHK announced they are developing Marlowe. In creating this decentralized finance (DeFi) project, they seek to democratize finance through facilitating peer-to-peer agreements on a blockchain.

Marlow is set to allow users to build their own financial instruments and set up agreements with anyone with whom they want to interact. The suite will serve developers, retail end users, and enterprise users.

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