What are smart contracts?

The CARDANO blockchain and its native cryptocurrency ADA was designed to be a decentralized global operating system for a large number of users.

It is consistently being developed by a team of collective experts with worldwide usage in mind as a third-generation blockchain platform rather than just another p2p (peer-to-peer) cryptocurrency.

It features an open, programmable, and low-cost transaction platform to meet users’ needs for scalability, sustainability, and interoperability, while also offering green technology.

CARDANO's full potential has come into realization after the successful Alonzo upgrade that gained smart contracts functionality and support.

Smart contracts will enable projects to build DeFi (decentralized finance), NFTs (non-fungible tokens), DIDs (decentralized identity), and many other decentralized applications (DApps) on CARDANO’s network, and thus expand its worldwide user adoption.

In order to unlock such vast potential, Yoroi Wallet created a platform for interacting with DApps - Yoroi Wallet’s DApp Connector.

It plays a key role by allowing the community to operate with all these decentralized services through their trusted Yoroi Wallet.

Updated on: 14/08/2025