Circle has announced the launch of two new products that allow web2 developers to easily create and deploy decentralized applications.
The Circle gas station and Circle Smart Contract Platform products provide developers with a way to access USDC balances and transactions on multiple blockchain networks.
The product supports multiple blockchain networks, including Ethereum (ETH), Solana (SOL), Algorand, Stellar and others, allowing developers to choose the best solution for their use cases.
The product will also enable cross-chain interoperability and composability, allowing dapps to communicate with each other and with existing protocols in the decentralized finance (defi) ecosystem.
Circle Smart Contract Platform is a product that allows developers to write and deploy contracts that implement the business logic and rules of their dapps, using well-known languages such as JavaScript, Python or Ruby.
The smart contracts will be able to access and manipulate USDC balances, transactions and other data sources and services. The smart contracts will be powered by Chainlink, a leading decentralized oracle network that provides secure and reliable data feeds for smart contracts.
According to Circle, the products will remove the complexity and challenges of working with blockchain technology, such as scalability, security, gas costs and coding languages. The products will also enable developers to integrate identity and compliance solutions into their dapps, such as KYC/AML verification, digital signatures, fraud prevention and regulatory reporting. Partners such as Civic, Onfido and Elliptic will provide the identity and compliance solutions.
The final version of Circle Gas Station and Circle Smart Contract Platform is expected to be launched in early 2024. The company invites developers to sign up for early access and updates on its website.
