EMURGO, a founding entity of Cardano (ADA), announces that it is launching a new platform that will bridge the interaction between ADA users and decentralized applications (dApps) on the blockchain network.
In a statement, EMURGO says that it will soon roll out the Yoroi dApp connector that will allow ADA holders to access decentralized applications on the Cardano blockchain from their web browsers by using a plugin.
“After enabling the dApp Connector, the user will be able to participate in any activities that the dApp permits such as purchasing or selling tokens, gaining access to resources, or using other features offered by the dApp…
This communication bridge between both platforms facilitates the validation of ownership of specific assets and can allow the execution of transactions for the dApp.”
Yoroi is a lightweight crypto wallet that enables users to manage their ADA holdings on their mobile phones.
The announcement comes amid anticipation of Cardano’s Alonzo upgrade that will aim to bring smart contract functionalities to the blockchain and provide support for developers who wish to build decentralized finance (DeFi) dApps.
In a video update, Cardano founder Charles Hoskinson says that the Alonzo upgrade is on track to launch in the coming weeks.
“So I still think our timelines are good – August, September. Those are holding strong. And I still believe that most of the development infrastructure will be built in the August-September timeframe, and then a long tail of iterative improvements to that infrastructure as dApps are built and deployed on Cardano.”Check Price Action
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