Blockstack and Algorand Back ‘More Secure’ Smart Contract Language

[Nikko]

Blockstack and Algorand Back ‘More Secure’ Smart Contract Language

Algorand and Blockstack have launched a joint open-source project to support the development of a smart contract language.
Proof-of-stake blockchain protocol Algorand and blockchain software firm Blockstack have launched a joint open-source project to support the development of a smart contract language dubbed “Clarity.”

Both claim that existing smart contract languages are neither secure nor predictable enough to meet the growing needs of the emerging industry.

As of this February, $1 billion in value was locked in decentralized finance (DeFi) markets, where smart contracts are used to innovate financial services such as credit and lending.

Readmore: https://cointelegraph.com/news/blockstack-and-algorand-back-more-secure-smart-contract-language