IOTA Introduces EVM to Enable DeFi and Real World Asset Integration
IOTA Launches EVM for DeFi and Real World Assets Integration
The introduction of the Ethereum Virtual Machine (EVM) to the IOTA network marks a significant advancement for the platform. Developers are now able to create applications with smart contracts, promising innovative solutions for decentralized finance (DeFi) and the tokenization of real world assets.
This integration of EVM opens up new possibilities for building secure and efficient financial applications on IOTA, attracting interest from developers and users alike. The move positions IOTA as a competitive player in the evolving DeFi landscape, offering a platform for diverse asset management applications with real world applications.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.