Securities can be defined as investment instruments bought and sold in financial markets, such as bonds, debentures, notes, options, shares (stocks), and warrants. This means that they some can fall victim to fraud through forgery as well as physical theft. With blockchain technology, such securities can be notarized – as was seen with the government of Austria issuing bonds on the Ethereum network – or they can be tokenized. A token on the ETH network is created through smart contracts and can be assigned a name and value on the network. This ability of the Ethereum network has made it a favorite for the crowdfunding process through ICOs and will be key to tokenizing the tradition securities market.
About Ethereum (ETH): Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
Ethereum (ETH) is the 2nd largest cryptocurrency by market cap size. It is up 2.59% over the past 24 hours and is currently trading at $230.62.
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