The magic of Ethereum or lack thereof…

  • Amazon web services (AWS), the largest cloud server service in the market, offers a Blockchain capability built on top of Ethereum. I do not think that a company with the size and reputation of Amazon would take a gamble offering a service from a third party platform that was dubious or not stable enough.
  • According to the crypto app tracker, State of the Dapps, there are over 3,000 decentralized apps (also known as “dapps”) currently running on the Ethereum blockchain.
  • Many of the top Ethereum projects are focused on decentralized finance, or DeFi. DeFi aims to expand the utility of cryptocurrencies from day-to-day transactions to more complex financial use cases, such as loans and derivatives.
  • Ethereum is the go-to platform to build “Smart Contracts”. A smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement

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