Players in Blockchain Development
Three Players in Blockchain Development
We are going to be look at three players in Blockchain development and their contributions.
In my previous posts I wrote on Blockchain, advantages and the future.
Let start with the first one, Ethereum: well you might be expecting me to start with Bitcoin but I choose to start Ethereum
Ethereum
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Ethereum is an open-source, blockchain-based distributed computing platform founded by Vitalik Buterin in 2013. Ethereum is a decentralized smart contract platform that aims to fulfill the desired properties of efficiency and immutability while exchanging critical data.
Ethereum created its own digital money, known as ethers. This company is leading the way in terms of technology and is instrumental in its widespread adoption. Last year, Ethereum divided into two blockchains, one of which is known as Ethereum classic. Ethereum is a prominent actor in the blockchain development.
Coinbase
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Coinbase is able to provide a wide range of services relating to the exchange, acquisition, and use of cryptocurrencies using blockchain technology.
Coinbase's designers want to build an open financial system that allows anybody to convert cryptocurrencies to and from fiat currency. This could be quite beneficial when conducting international transactions. Coinbase also has its own API, which can be used to create a variety of Blockchain-based applications.
Fintech
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Brad Garlinghouse launched the American fintech business Ripple in 2012, which developed the Ripple protocol and exchange platform, which uses blockchain technology to deliver cross-border payment solutions. Ripple's decentralized financial technologies make cross-border payment processing more seamless.
Ripple is a real-time payment system that allows banks and other financial service providers to conduct business directly with one another without the use of a third party. They use RippleNet, a worldwide payment system, to connect banks, other financial service providers, and international organizations.
Thank you for reading
Good choice, of course BTC will always be the father of all.
I think ETH lends itself to many things as well as being the second most important, it will be difficult to displace it. As for Coinbase it also offers many opportunities in all the tools it has to make our lives easier, I can't say much about Ripple, however I will look into it, that doesn't mean I haven't heard of it.
Very good players selected, particularly my favorite is the Ethereum network, solved many problems of scalability of Bitcoin, as its blockchain allows more than the distribution of a currency, but also the realization of smart contracts.