Ergo and Cardano teams to explore key DeFi challenges at Ergo Summit

[Power]

Ergo and Cardano teams to explore key DeFi challenges at Ergo SummitPRESS RELEASE
The cross-organisation event held on Saturday, Jan. 23, will unveil new technologies developed in partnerships between the blockchain initiatives.

2020 proved two things: Decentralized finance is here to stay, and significant challenges still remain. While Ethereum remains the largest DeFi infrastructure platform, more recent projects have sought to address some of the first smart contract blockchain’s shortcomings.

Ergo Platform, a DeFi blockchain launched in 2019 by former Nxt and IOHK developer Alexander Chepurnoy, showcases an impressive set of new smart contract technologies built on the foundations of Bitcoin’s UTXO model and proven track record of security. The team has collaborated with Cardano via a partnership with Emurgo, a leading blockchain company, to explore solutions that will further both platforms and the DeFi space as a whole.

https://cointelegraph.com/press-releases/ergo-and-cardano-teams-to-explore-key-defi-challenges-at-ergo-summit