ADA Handle Partners with Indigo Protocol
We are proud to announce our partnership with ADA Handle.
ADA Handle is a domestic naming solution for UTxO blockchains, starting on Cardano. Our mission is to implement a human-readable solution to the rigid cryptographic standard; the Handle Standard.
With a predictable standard, dApp developers can query the Cardano blockchain at any time to determine the current residing address of a Handle.
How ADA Handle Works
Unlike many other routing services on Ethereum, Handles are secured entirely as native assets on the Cardano blockchain, on the Layer 1 ledger.
This means we don’t require smart contracts for address routing, ensuring that even in the event of an unlikely smart contract bug, routing will always be accurate — 100% of the time.
Together ADA Handle and Indigo Protocol look to expand the reaches of DeFi across the world and on the blockchain and provide a more seamless experience for end-users. This partnership is the start of a symbiotic collaboration in which we aim to bring the users of Cardano the most secure, easy-to-use, and beneficial products in the industry.
As a part of this partnership, Indigo Protocol will add support for Handle address resolution directly within their platform! As we both pursue the potential reality of enabling financial products for the rest of the world we are proud to build alongside Indigo Protocol.