Cardano builder Input Output Global (IOG) about the availability of Marlowe, a platform for financial products as smart contracts, on the Cardano mainnet.
Marlowe Goes Live on the Cardano Mainnet
On May 30, 2023, IOG made a thrilling announcement regarding the availability of Marlowe on the Cardano mainnet[^1^]. Marlowe is an open-source smart contract platform designed by Input Output Global, which aims to enable the creation and execution of financial products on the Cardano blockchain. This platform allows users to develop smart contracts for a wide range of financial applications, including derivatives, loans, and decentralized exchanges.
The release of Marlowe on the mainnet signifies a significant step forward for Cardano, as it opens up new possibilities for decentralized finance (DeFi) on the platform. Early adopters now have the opportunity to test the capabilities of Marlowe and provide valuable feedback, helping to refine and improve the platform before wider adoption.
Comprehensive Audit Checks for Marlowe
Ensuring the security and reliability of smart contract platforms is of utmost importance in the blockchain space. Input Output Hong Kong (IOHK), the blockchain startup behind the Cardano protocol, conducted comprehensive audit checks for Marlowe before its release[^4^]. These audits, conducted both internally and externally by Tweag, aimed to guarantee a balance between innovation and security within the protocol.
