Agoric

Agoric believes that bringing the world economy online requires making it easy for the world’s programmers to develop smart contracts. A key to this is enabling a safe and secure development environment which Agoric is able to achieve through our object-capability-based Javascript execution environment, building on the team’s decades of prior research and successful implementations carrying billions of dollars.

Standards will let application developers leverage their skills in the world of smart contract and decentralized application (DApp) development, significantly increasing the pool of qualified programmers. Agoric uses an object-capability (ocap) security architecture, in which access to a programming object itself is the authority to use the object. This approach has been used successfully to create secure operating systems, and to control untrusted scripts in Google’s Caja project and Salesforce’s Locker Service.

Token will be used for payments, transactions and utility purposes.