What Is Ethereum
Lanunched in 2015,ETHereum is an open source,blockchain based decentralized software platform used for its own cryptocurrency,ether.It enables Smartcontracts and distrubuted applications to be built and run without any downtime fraud control or interference from a third party.
Ethereum is not just a platform but also a programming language running on a blockchain helping developers to build and publish distributed applications.
According to Ethereum, it can be used to “codify, decentralize, secure, and trade just about anything.” One of the big projects around Ethereum is Microsoft’s partnership with ConsenSys which offers “Ethereum Blockchain as a Service EBaaS on Microsoft Azure so Enterprise clients and developers can have a single click cloud-based blockchain developer environment.”