IOHK Launches Cardano Blockchain Smart Contract "IELE" Testnet

On July 30, 2018, the IOHK Foundation announced the launch of the second Cardano testnet, the IELE virtual machine smart contract update.

As published on their official website, developers can now experiment with smart contracts technology based on the Cardano blockchain and test it for bugs and other nuances which can be passed on to IOHK developers for troubleshooting.

The IELE VM is built on an "Attendant low-level language" to ensure developer inclusivity and is primarily designed to execute smart contracts on the Cardano's protocol.

Serving as a platform to translate and execute smart contracts from "High level" languages.

"With this update, Solidity programs will catch many of the errors that previously would have been missed and that have caused many smart contracts to fail or be exploited."

IOHK revealed Python, Javascript, and other such "Surface languages" will be integrated into the platform as the development of IELE progresses, providing an easy method for deploying smart contracts on everyday applications.

Currently, the IELE language and VM are ready to be deployed on to the Cardano blockchain in weeks to come.

Developers and cryptocurrency enthusiasts can use the IELE VM with either Remix or Mallet tools for executing and creating their engineered smart contracts using the IOHK testnet site.

Apart from Cardano, cryptocurrency protocols like NEO, Hyperledger, Ethereum offer smart contract capabilities to individuals and organizations.

The IOHK alleged that businesses had encountered technical issues while trying to integrate smart contracts into their existing infrastructure.