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Ethereum:

To better understand Ethereum, consider apps like Telegram or Instagram. Today, millions of people around the world use these useful communication and messaging programs. But there is a very fundamental issue about them that few people pay attention to: these programs are focused.

For example, Instagram belongs to Facebook. The company may, in accordance with its policies, delete content, block access to certain people, or even sell users' private data. Theoretically, with Ethereum, this decentralized platform, it is possible to create an Instagram where, instead of Facebook, the real owner is its users and they control only their own data.

Of course, it should not be forgotten that Ethereum is still at the beginning of the road, and at least at the present time, its technical problems do not allow us to build a large system like Instagram on it.

As another example, free and transparent elections can be held with the help of this network (if there are some necessary conditions); An election in which there is no possibility of fraud.

Any other centralized service can be decentralized with Ethereum. Important matters such as payments, insurance, voting, banking, lending and many of the services that intermediaries now provide will be decentralized to this network.

Ethereum update

Anyone can develop their own decentralized application (Dapp) in Ethereum Open Network. Before Ethereum, developers had to code a separate Chinese blockchain to build their own digital currency, but today everyone can easily use the Ethereum China blockchain for their own independent digital currency projects or tokens without building a new blockchain.

Regulation and Society adoption

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