- Hedera’s Wallet Snap update integrates token and smart contract services into MetaMask for improved asset management.
- The update brings new capabilities to developers with Hedera’s fast, low-cost platform on MetaMask.
Tuum Technologies has announced an exciting new upgrade for the Hedera Wallet Snap, which fully integrates Hedera’s token service and smart contract service with MetaMask. For both developers and consumers, this update creates a world of possibilities and significantly simplifies, strengthens and accelerates the management of digital assets.
The #Hedera Smart Contract Service is now available on MetaMask with Snaps! 🦊
We’re excited to share this major update to @hedera Wallet Snap, live and ready for the leading self-custody wallet. pic.twitter.com/MA7YzheSvo
— Tuum Technologies (@TuumTech) June 18, 2024
Main features of the Hedera update
Especially with the integration of the Hedera Smart Contract Service (SCS), this important version offers notable improvements. Users can now create, update, and delete smart contracts, as well as retrieve and recall their bytecode and information.
These features provide MetaMask with autonomous, self-executing logic, launching a new category of Hedera networking applications.
Retail users can now use a powerful platform that combines the simplicity of MetaMask with the advanced capabilities of Hedera, thanks to the integration of Hedera’s Token Service and Smart Contract Service.
This plugin leverages Hedera’s renowned efficiency and cheap transaction fees to let users manage and process both fungible and non-fungible tokens within MetaMask. As such, participation in the digital economy is made easier and the use of digital assets becomes safer and more accessible.
Benefits for developers
Developers will find this upgrade very important. Using Hedera’s fast, low-cost and environmentally responsible platform, developers can create and launch complex applications on MetaMask by integrating the Smart Contract Service.
These applications, which offer new creative possibilities, can be anything from social networking platforms to financial services.
Meanwhile, CoinMarketCap data shows that HBAR’s price is at $0.08119slightly up 0.13% during the past 24 hours. Yet the price has fallen over the past seven days 8.01%indicating a bearish trend.
Previously, the HBAR Foundation just announced a partnership with the Nordic Blockchain Association to increase the use of blockchain in Denmark, Finland, Norway, Iceland and other Nordic countries.