The Internet Computer Protocol (ICP) plans to revolutionise smart contract capabilities by introducing features like creating Runes and trading BRC-20 tokens.

Additionally, it aims to bring Bitcoin-based (CRYPTO:BTC) decentralised finance (DeFi) functions to its platform.

ICP will use advanced threshold cryptography, particularly threshold-Schnorr signatures, to enhance interaction with the Bitcoin blockchain.

These signatures allow smart contracts to generate addresses and authorise transactions on Bitcoin while maintaining security and privacy.

This integration aims to expand the utility and accessibility of DeFi services by leveraging Bitcoin's network and user base.