Token

2024

Hedera

Foundation

<ul> 
 <li><strong>Hedera’s Wallet Snap update integrates token and smart contract services into MetaMask for enhanced asset management.</strong></li> 
 <li><strong>The update offers new possibilities for developers with Hedera’s high-speed, low-fee platform on MetaMask.</strong></li> 
</ul>  
<p>Tuum Technologies has <a href="https://tuumtech.medium.com/hedera-wallet-snap-expands-with-smart-contract-service-4391e6c8d675">announced</a> an interesting new upgrade to the Hedera Wallet Snap, which completely integrates Hedera’s token service and smart contract service with <a href="https://www.crypto-news-flash.com/kuna-labs-and-sayfer-enable-30-million-metamask-users-to-enter-the-sui-network-securely/" target="_blank" rel="noopener">MetaMask</a>. For developers and consumers alike, this update creates a world of opportunities and simplifies, strengthens, and greatly expedites the management of digital assets.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Hedera?src=hash&amp;ref_src=twsrc%5Etfw">#Hedera</a> Smart Contract Service is now available on MetaMask with Snaps! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f98a.png" alt="🦊" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>We’re excited to share this major update to <a href="https://twitter.com/hedera?ref_src=twsrc%5Etfw">@hedera</a> Wallet Snap, live and ready on the leading self-custodial wallet. <a href="https://t.co/MA7YzheSvo">pic.twitter.com/MA7YzheSvo</a></p> 
 <p>— Tuum Technologies (@TuumTech) <a href="https://twitter.com/TuumTech/status/1803082693644562486?ref_src=twsrc%5Etfw">June 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="strong-key-features-of-the-he-strong-strong-dera-update-strong"><strong>Key Features of the He</strong><strong>dera Update&nbsp;</strong></h2> 
<p>Especially with the incorporation of the <a href="https://www.crypto-news-flash.com/hedera-becomes-founding-member-of-crypto-isac-for-enhanced-trust-and-security/" target="_blank" rel="noopener">Hedera</a> Smart Contract Service (SCS), this major version offers notable improvements. Users can now create, update, and delete smart contracts, as well as retrieve and call their bytecode and information.</p> 
<p>These features provide MetaMask with autonomous, self-executing logic, launching a new category of Hedera network applications.</p> 
<p>Retail users may now use a powerful platform that blends the simplicity of MetaMask with the sophisticated capabilities of <a href="https://www.crypto-news-flash.com/hedera-network-welcomes-tuum-technologies-identity-snap-for-seamless-decentralized-identity/">Hedera</a>, thanks to the integration of Hedera’s Token Service and Smart Contract Service.</p> 
<p>This plugin takes advantage of Hedera’s well-known efficiency and cheap transaction costs to let users manage and deal with both fungible and non-fungible tokens inside MetaMask. As such, engaging in the digital economy is made easier, and using digital assets becomes safer and more accessible.</p> 
<h3 id="strong-benefits-for-developers-strong"><strong>Benefits for Developers</strong></h3> 
<p>Developers will find this upgrade very significant. Using Hedera’s fast, inexpensive, and ecologically responsible platform, developers can create and launch complex applications on MetaMask by integrating its Smart Contract Service.</p> 
<p>These applications, which open up new creative opportunities, might be anything from social networking platforms to financial services.</p> 
<p>Meanwhile,&nbsp;CoinMarketCap data shows that the price of <a href="https://www.crypto-news-flash.com/why-did-hedera-hashgraphs-price-skyrocket-and-double-the-hbar-price/" target="_blank" rel="noopener">HBAR</a> at the moment of writing is at <strong>$0.08119</strong>, slightly up <span style="color: #339966;"><strong>0.13%</strong></span> over the last 24 hours. Still, throughout the previous seven days, the price has declined by <span style="color: #ff0000;"><strong>8.01%</strong></span>, indicating a bearish trend.</p> 
<p>Previously, the HBAR Foundation just declared a<a href="https://www.crypto-news-flash.com/hedera-hbar-foundation-partners-with-nordic-blockchain-association-to-boost-blockchain-adoption/"> collaboration</a> with the Nordic Blockchain Association to increase blockchain use in Denmark, Finland, Norway, Iceland, and other Nordic nations.</p> 
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Explore Hedera’s New MetaMask Integration with Advanced Features

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