Cardano Updates

Marlowe Update

Great blog post from Professor Simon Thomson at IOHK on Marlowe which will bring industry scale finance contracts to Cardano:

In this post, we introduce Marlowe, a new language for financial contracts, and describe the benefits of it being a domain-specific language (DSL). As a DSL it describes only financial contracts, rather than smart contracts in general. Because of this, it differs from general-purpose blockchain languages like Solidity and Bitcoin Script.

Marlowe is industry-scale. We have built Marlowe contracts based on examples from one of the leading projects for financial smart contracts, the Algorithmic Contract Types Unified Standards (Actus) system. Currently, these and other examples can be seen in the Marlowe Playground, a browser-based environment in which users can create, edit, simulate, and analyse Marlowe contracts, without having to install or pay for anything.

Really nice to see the pace of delivery from IOHK and the Cardano Foundation being maintained as we go through 2020.

You can try out the Marlowe playground here in your browser, for use cases such as escrow, options and swaps. It’s the alpha version but already looking impressive with a very clean UI design and intuitive UX.

2021 is shaping up to be a really exciting time for this project.