IOHK, or IOG, is the company behind the development of Cardano (ADA) sit. They will develop a Decentralized Applications (dApps) store on the Plutus platform.
Head of Product of IOHK, Shruti Appiah, came in a blog post speaking. She spoke about the Cardano Summit 2021 which will take place this weekend (25 and 26 September). Cardano will introduce a “certification program” over the weekend designed to assess applications built on Cardano. In addition, there will also be a preview of the Plutus dAppStore. Developers of dApps running on Cardano can use the app store to upload their dApps and make them available to other users.
According to Appiah, there are two problems that the Plutus dAppStore could solve:
“There is currently no formal discovery process for a dApp. Almost everything is discovered through organic or word-of-mouth means, or through social media marketing. For end users, there is no clear overview of all dApps that are available in a particular ecosystem”
The Plutus dAppstore will offer both certified and non-certified apps. The app store will be accessible via a web browser.
In time, IOHK would like to see tools developed by users, Appiah indicated. Those tools should be deployable in the app store and contribute to the overall evolution of Cardano’s Plutus dAppStore.
Cardano smart contracts
The Cardano Summit 2021 comes a week or two after the blockchain network finally smart contracts supports. This is due to the long-awaited Alonzo update. This will open many doors for other applications and functions. The Plutus dAppstore is an example of this and will therefore be further highlighted during the upcoming Summit. However, according to Charles Hoskinson, founder of IOHK, Cardano is only in the early stages. He previously said that Cardano is ideal for the ‘second wave’ by decentralized finance (DeFi).
There are plenty of big plans around Cardano and that has also caused a lot of hype. Earlier this month, that hype led to a all time high, although that rate has since been corrected again.