Cardano (ADA) Launches Smart Contracts In August Targeting Boom In DeFi And Enterprise Use Cases

The development team behind the Cardano blockchain is unveiling new details surrounding its smart contract release.

In the wake of its Mary protocol release this March, Charles Hoskinson’s Cardano is revealing that its Alonzo upgrade will launch this coming August.

IOHK (Input Output Hong Kong), Cardano’s development company, announced this week that the Alonzo upgrade will add support for smart contracts to the Cardano blockchain. The update will allow developers to start building on the Cardano platform – a highly anticipated functionality that the Ethereum network currently possesses.

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