Blockchain Firm IOHK Opens Cardano Blockchain To Third-Party Developers

Blockchain, News | October 2, 2018 By:

Input Output (IOHK), developer of decentralized public blockchain Cardano, has released a toolbox for developers who want to build products for its blockchain.

Led by Charles Hoskinson, former co-founder of BitShares, Ethereum and Ethereum Classic, IOHK is a research and development company and industry leader in the fields of cryptography and distributed systems. In September 2017, IOHK developed the Cardano blockchain to run smart contracts, decentralized applications, side chains, multi-party computation, and metadata. Cardano is one of the first blockchains to be built in Haskell programming language, a standardized, general-purpose purely functional programming language, with non-strict semantics and strong static typing. Its native token, ADA, is the ninth-largest cryptocurrency, with a market cap of over $2 billion.

IOHK recently launched its first open source project, Cardano Rust, to expand the reach of its blockchain technology to a wide range of third-party developers. The toolbox will provide developers with a library of functions that they can use to seamlessly build and integrate their decentralized applications for Cardano, including products for mobile devices. The code is written in Rust, a programming language that runs fast, prevents segfaults, and guarantees thread safety. The project is also planning to support other programming languages, such as C and Javascript, in the future.

“It’s been incredible to watch Cardano take shape over the past year. The Rust project now connects Cardano to a wealth of developers and opens the door for further growth of the Cardano community,” said Hoskinson. “We’re excited to see what applications developers create for the Cardano ecosystem as it becomes the leading technology in the industry.”

The Cardano Rust project’s first product is a crypto wallet for ADA, which runs on a user’s device as a standalone application and uses a command-line interface. With a development kit included, the CLI wallet can also be used by developers as the basis to build decentralized applications.

“We are pleased and excited to announce the release of the Cardano Rust project. Rust-Cardano is an API for the Cardano blockchain, written in Rust, the Cardano-CLI is a command-line interface and wallet for Cardano built on top of this library,” said Lars Brünjes, IOHK Director of Education. “With these tools in hand, it will be easy for developers to write software targeting the Cardano infrastructure for many different platforms – including mobile – and we can’t wait to see all the amazing things the community will create with them.”