Yoroi Wallet, the flagship product of EMURGO, the commercial arm of Cardano ecosystem, has announced its plan to launch the decentralized application (Dapp) connector, a new tool that will foster the interaction between ADA holders and Dapps on the Cardano network.
EMURGO made this announcement a couple of hours ago via the official Twitter handle of Yoroi Wallet in preparation for the implementation of smart contracts functionality on Cardano.
Yoroi Wallet tweeted, “A Yoroi Wallet dApp connector will allow interactions between users and blockchain-based dApps on the Cardano blockchain. We are excited for you to read our new blog on our upcoming release and what it means for our users and the Cardano ecosystem!”
A @YoroiWallet dApp connector will allow interactions between users and blockchain-based dApps on the Cardano blockchain.
— Yoroi Wallet (@YoroiWallet) July 29, 2021
In the blog post captioned in the announcement, EMURGO pointed out that Cardano (ADA) users will be able to interact with various types of decentralized applications on Cardano through the upcoming release of Yoroi Wallet’s Dapp connector.
According to the report, all the necessary operations in Dapps, such as buying or selling tokens, gaining access to resources, among others, will be accessible with Yoroi’s Dapp connector.
Major Impacts of Yoroi’s Decentralized Application (Dapp) On Cardano
As aforementioned, Yoroi’s Dapp connector will serve as a bridge between ADA holders and the Cardano blockchain. This will make users to be able to seamlessly access Cardano Dapps from their preferred web browsers through a plugin.
According to the report, Yoroi’s Dapp connector will create a seamless connection between Yoroi and the connected decentralized applications.
The report further stated that this communication bridge between the two platforms will facilitate the validation of ownership of specific assets and allow the execution of transactions for the Dapp.
The most fascinating feature of the upcoming release is the interaction with smart contracts. This is where Yoroi and the Dapp connector perform all the communication with the Cardano blockchain and the smart contract.