Zcash to develop a wrapped token for Ethereum

Over the next six months, the Zcash ($ZEC) community will be developing a wrapped token to be used on Ethereum ($ETH). Josh Swihard, VP of marketing and business development at the Electric Coin Company (ECC) noted:

"If you want to do lending, if you want to do DAOs [decentralized autonomous organizations], all of that stuff could be done with zcash as well. … Ultimately, we want zcash shielded [addresses] to be usable in ethereum smart contracts."
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