Press release content from Accesswire. The AP news staff was not involved in its creation. DNATags(TM) To Convert Ethereum Solidity-based Smart Contract To Cardano’s Goguen Smart Contracts February 8, 2021 GMT Santo Mining Corp. dba Santo Blockchain Labs (OTC PINK:SANP) developers of DNATags™, along with DNAX Brands Inc (DNAX) will convert DNATags™ from Ethereum to the Cardano Goguen. HO CHI MINH CITY, VIETNAM / ACCESSWIRE / February 8, 2021 / DNA Brands Inc. (OTC PINK:DNAX) and Santo Mining Corp. dba Santo Blockchain Labs (OTC PINK:SANP) owners and developers of DNATags™, today announces that DNATags™ will be converting its Ethereum Solidity-based Smart Contract to the Cardano Goguen Smart Contract. Santo Blockchain Labs has been developing and deploying Ethereum Solidity Smart Contracts for over 4 years now, with experience in ERC-20, ERC-721, ERC-1155 & ERC1450. The company has evaluated the long-term economics and technology benefits and has determined to move all its blockchain projects from an Ethereum to the Cardano Goguen. Unlike Ethereum, Cardano uses a mechanism that handles the tokenization natively on the ledger instead of via smart contracts, making all tokens in the Cardano blockchain follow the same logic and be inherently supported, instead of requiring the creation of layers as is the case of ERC-20 and ERC-721 tokens. This will ensures scalability, performance, and reduces transaction costs; also known as GAS Fees in the Ethereum world which lately are extraordinarily high and slowing down the transactions on the Ethereum network.