Ethereum Blockchain as a Service now at Mobiloitte
Ethereum is an open software platform based on Blockchain technology that makes easier the development of Smart Contracts and Distributed Applications. Interestingly, such applications can be run without any downtime and are assured to be fraud-free via Smart Contracts Audits. Thousands of different applications are developed on this platform.
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Do you already have ideas that you want to develop on Ethereum? Maybe you need help and some funds to bring them to life, but who would lend money to someone they don’t trust? With the help of Ethereum, you can create a contract that will hold a contributor's money until any given date or goal is reached. Depending on the outcome, the funds will either be released to the project owners or safely returned back to the contributors. All of this is possible without any need of a centralized linesman, clearinghouse or having to trust anyone.
Ethereum sanctions developers to build and deploy decentralized applications. A decentralized application or Dapp serve some particular purpose to its users. Bitcoin, e.g is a Dapp that dispensed its users with a peer to peer e-cash system that enables online Bitcoin payments. It is Because decentralized applications are made up of codes that run on a secured blockchain network, they are not controlled by any individual or central entity.
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BENEFITS OF ETHEREUM PLATFORM
Since decentralized applications keep running on the blockchain, they advantage from the greater part of its properties.
Immutability– Any third party cannot make any changes to data.
Corruption & tamper proof– Apps are based on a network formed around the principle of consensus, making censorship impossible.
Secure– With no central point of failure and secured using cryptography, applications are well protected against hacking attacks and fraudulent activities.
Zero downtime– Apps never go down and can never be turned off.