The Cardano Midnight Network has inked a strategic deal with OpenZeppelin, a global blockchain security and development startup. These entities plan to introduce a new privacy-focused and compliant framework for Decentralized Finance (DeFi).
The Midnight Network and OpenZeppelin Linkup
As announced on X, the linkup between both firms aims to improve the blockchain ecosystem. Midnight Network and OpenZeppelin hope to achieve their goals by providing new smart contract development frameworks that support both emerging and existing applications. OpenZeppelin will focus on designing a dedicated smart contract library for this initiative.
This solution is customized to help developers interested in utilizing Midnight’s programmable data protection features. This smart contract library features the complete equivalents of ERC token standards, including ERC20, ERC721, ERC1155, and ERC3643.
The Cardano Midnight Network and OpenZeppelin’s partnership will also usher in a range of start
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