Cardano's CIP-113: A New Standard for Programmable Assets

  • Charles Hoskinson expresses interest in CIP-113 and its role in real-world asset tokenization.

  • CIP-113 introduces programmable assets, smart accounts, and improved security.

  • Early adopters like FluidTokens and MinswapDEX are preparing for implementation, with full readiness expected by Q1 2025.

Cardano founder Charles Hoskinson has turned his attention to CIP-113, a proposal to standardize programmable blockchain assets. In a tweet, Hoskinson acknowledged the progress made on the initiative, expressing plans to review and provide feedback on the proposal. 

Hoskinson also revealed intentions to collaborate with the proposal’s development team via Cardano developer J.J. Siler to assess how CIP-113 could align with Cardano’s broader strategy for tokenizing real-world assets (RWAs). 

Additionally, Hoskinson highlighted the proposal’s potential integration with Midnight, Cardano’s privacy-focused sidechain.

CIP-113: A Year in the Making

Notably, the whole discussion around CIP-113 after senior blockchain engineer Matteo took to X to share updates on Cardano Stablecoins, Securities, and Real World Assets. Matteo noted that CIP-113, central to these…

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