Facilitating smart contracts and Decentralised applications (dApps) without intermediaries.
Creating and executing peer-to-peer financial agreements, such as loans or derivatives.
Establishing Decentralised autonomous organisations (DAOs) for collective decision-making processes.
Allowing the creation of Decentralised Exchanges (DEXs) that can serve as AMM(Automatic Market Makers) using liquidity pools instead of traditional order books
Tokenization of assets, enabling them to be bought, sold, or traded on a blockchain.
Automating supply chain management processes for enhanced transparency and traceability.
Implementing identity verification systems and Decentralised storage solutions.
Running Initial Coin Offerings (ICOs) or token sales as a means of fundraising.
Developing Decentralised finance (DeFi) applications, providing services such as borrowing, lending, or earning interest without traditional banks.
Enabling artists and creators to mint non-fungible tokens (NFTs) to represent ownership of unique digital items.
Expanding gaming experiences with in-game assets and economies based on Ethereum's blockchain.
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About
Ethereum, conceived by Vitalik Buterin in late 2013, is a Decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud, or third-party interference. These applications are built on a custom-built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. The Ethereum platform enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract), and many other things without a middleman or counterparty risk. The currency unit within Ethereum is called Ether, used mainly for compensating participant nodes for computations performed. Initially built on a PoW(Proof of Work) consensus mechanism, Ethereum has moved to PoS (Proof of Stake) consensus mechanism since 2022, making the protocol much more green.
Facilitating smart contracts and Decentralised applications (dApps) without intermediaries.
Creating and executing peer-to-peer financial agreements, such as loans or derivatives.
Establishing Decentralised autonomous organisations (DAOs) for collective decision-making processes.
Allowing the creation of Decentralised Exchanges (DEXs) that can serve as AMM(Automatic Market Makers) using liquidity pools instead of traditional order books
Tokenization of assets, enabling them to be bought, sold, or traded on a blockchain.
Automating supply chain management processes for enhanced transparency and traceability.
Implementing identity verification systems and Decentralised storage solutions.
Running Initial Coin Offerings (ICOs) or token sales as a means of fundraising.
Developing Decentralised finance (DeFi) applications, providing services such as borrowing, lending, or earning interest without traditional banks.
Enabling artists and creators to mint non-fungible tokens (NFTs) to represent ownership of unique digital items.
Expanding gaming experiences with in-game assets and economies based on Ethereum's blockchain.
News
No News Found
No News Found
About
Ethereum, conceived by Vitalik Buterin in late 2013, is a Decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud, or third-party interference. These applications are built on a custom-built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. The Ethereum platform enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract), and many other things without a middleman or counterparty risk. The currency unit within Ethereum is called Ether, used mainly for compensating participant nodes for computations performed. Initially built on a PoW(Proof of Work) consensus mechanism, Ethereum has moved to PoS (Proof of Stake) consensus mechanism since 2022, making the protocol much more green.
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