IOTA, an open-source distributed ledger, has released the IOTA Smart Contracts Protocol (ISCP) Alpha. With an early version of an ISCP toolset, blockchain developers can write and compile smart contracts, deploy and run them in the testing environment, says a press release.
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The IOTA Foundation says the release is a "significant opportunity" to demonstrate applications on the IOTA network such as decentralized exchanges, NFT (non-fungible token) marketplaces, and smart contracts. The IOTA developers plan to further align with the development of Goshimmer, the Coordicide protocol and the Chrysalis mainnet upgrade.
"We will also develop further showcases and a demonstration net including smart contracts and colored coins," the press release says.
In September last year, the foundation announced the launch of IOTA Access, an open-source distributed ledger technology framework for developing policy-based access control systems. IOTA Access was created to bring fine-grained access control to "any machine, device, or building without relying on a centralized system or requiring a constant internet connection."
The alpha version, which is released as a Minimum Viable Product (MVP), supports implementation based on ARM Cortex-A running Embedded Linux.
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