Just when you thought you’ve got your mind around bitcoin, came Ethereum. The so-called new currency worldwide skyrocketed in value over 3,100% from last year – to this time this month. It’s not just the American dollar that’s risen; it is also the Euro, Asian currencies and the Australian Dollar. In fact, the price for a single ether has increased fivefold in the past year. This is not the sort of news you want to hear coming from ether owners, but it’s true.
VitalikButerin is the creator of the Ethereum project. He created this open source platform for smart contract programming, which enables e-commerce on the internet. The VitalikButerin protocol will allow users to execute smart contracts in the cloud. What does this mean for the future of e-commerce on the Internet?
As the popularity grows, smart contracts will also become more widely used. This will give a significant boost to the e-commerce industry. If a company is able to use a platform such as ether to easily create, manage and secure decentralized applications, then they have the potential to see their revenue skyrocket. With no capital requirements, no licensing fees, and a global market, a company can potentially earn millions with ether. With no need to build a physical location or even worry about store rentals, this makes ecommerce much easier and much quicker.
Another exciting factor about this upcoming smart contract platform is that VitalikButerin is one of the original developers of the ethereal network. He is also one of the cofounders and is now one of the largest contributors to the project. Because of his extensive background in computer science and programming, it is easy to see how he is capable of making the necessary decisions to create the most advanced and useful decentralized applications on the market today. This is a huge advantage when it comes to using a cutting-edge technology at ethereum price at https://www.webull.com/quote/ccc-ethusd.
Because of VitalikButerin’s influential role on the development of the ethereal project, it is only a matter of time before other corporations make the move and begin using the platform to further their own business interests. This gives investors and institutional traders greater confidence in the protocol and the idea of a decentralized environment. This gives the ethereal project an edge over other projects that might come into the market later in the future. Investors like that the team behind ether is making every effort to ensure that the system they are building is secure, up to date, and will always be free of defects. They are taking the time to ensure that the platform will provide a quality experience to users while increasing the value of their portfolio.
When you combine that with the fact that there is a very solid market and that most people feel that the Ethical Dilemma (ED) is being resolved, you can clearly see how this project is so far ahead of the pack. While it may not be the first of its kind, it will be the first one to solve the problems associated withICO’s and smart contracts written in Solidarity. The developers have put in the time and the effort to ensure that their platform is secure enough to be the premier choice for enterprises and corporations around the world. You can get more useful information from Ethereum news before investing.