Tech moves fast! Stay ahead of the curve with Techopedia!
Join nearly 200,000 subscribers who receive actionable tech insights from Techopedia.
Ethereum is a contract management platform created by the Ethereum Foundation, a Swiss nonprofit group. It uses the digital financial ledger technology blockchain to create contracts that the foundation calls “smart contracts” that utilize blockchain to provide a static and consistent ledger record.
By allowing the customization of secure cryptocurrency, Ethereum helps provide much more versatile financial systems that manage to achieve key transparency goals. Users can rely on Ethereum to craft contracts, customer loyalty systems, specific kinds of financial transactions, and crowdsource financial support. The Ethereum foundation documents many different kinds of projects underway at its website. Ethereum works with programs created in languages like C++, Python and Java. An open source developer can unity helps to support the use and implementation of Ethereum.