EMURGO Blog: Partnering with Ergo and Building Blockchain-Based Decentralized Financial Solutions
SINGAPORE JUNE 9 2020 / EMURGO Ptd. Ltd. – announces today a strategic partnership with Ergo - a proof-of-work blockchain protocol built to be a platform for applications with a main focus on providing simple solutions for financial contracts with its UTXO-based smart contracts. Designed and led by former IOHK engineers, Ergo places high emphasis on offering customized privacy for stakeholders utilizing the network, long-term blockchain network sustainability, and decentralization options.
The scope of this partnership agreement covers the joint exploration of stablecoin R&D and the provision of decentralized financial services applications, by leveraging each other’s respective expertise in Cardano’s technical structures & privacy with UTXO-based smart contracts.
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