Midnight, a new data protection blockchain and first partner chain to Cardano, has teamed up with OpenZeppelin, a world leader in blockchain security and development, to facilitate the creation of new use cases while strengthening existing applications across the blockchain ecosystem through the provision of new smart contract development frameworks.
As part of this collaboration, OpenZeppelin is developing a specialized smart contract library to support developers looking to leverage Midnight’s programmable data protection capabilities. The tailored library will include Compact equivalents of ERC token standards (such as ERC20, ERC721, ERC1155, and ERC3643), as well as a number of starter applications to kickstart the development experience.
Compact, Midnight’s native programming language for building zero-knowledge smart contracts, is based on Typescript, one of the most widely used programming languages. By developing Compact equivalents of ERC token standards, Midnight is ensuring that projects within its ecosystem have a secure, robust and interoperable framework to build upon.
“We are excited to work with Midnight to drive a new era of privacy-focused blockchain applications. At OpenZeppelin, we believe that privacy and data security are fundamental pillars of any advanced decentralized ecosystem,” said Jonathan Alexander, CTO at OpenZeppelin. “With our experience in blockchain development and security, we will build the Midnight Contracts Library, developer tooling, and Midnight starter decentralized applications to streamline the development experience on the Midnight Network, ultimately fostering greater adoption of privacy-preserving blockchain applications.”
The starter apps will explore new use cases in DeFi, Real World Asset (RWA) Tokenization and Identity–areas where programmable compliance and data protection are critical to ensuring success in a rapidly evolving regulatory landscape.
Through the provision of these starter apps, developers will have access to pre-built examples that showcase how Midnight’s smart contracts can be applied to these sectors. These examples will not only serve as inspiration for leveraging zero-knowledge proofs with Midnight, but will also provide developers with building blocks to design their own applications.
For those already building in other blockchain ecosystems, this partnership seeks to provide an accessible way for developers to integrate Midnight’s privacy-preserving smart contract technology into their existing applications.
“Privacy is the cornerstone of innovation, which is why Midnight’s data and metadata protection capabilities will be key to unlocking DeFi, RWA, Medical, Gaming, and other business DApps. With OpenZeppelin’s instrumental support, we’re helping ecosystem developers create new DApps and elevate existing ones to offer data protection while ensuring compliance in today’s rapidly shifting landscape. This partnership transforms the security and optimization of applications across various blockchain ecosystems, paving the way for a seamless, private, multichain future,” said Eran Barak, CEO of Midnight.