Cryptocurrency Q&A
What is Ethereum in finance?
What is Ethereum in finance?
SolitudeSeeker
Mon Feb 03 2025
|
7
answers
1508
I'm interested in understanding Ethereum's role in finance. How does it function as a financial tool and what are its applications in this domain? Also, how is it different from traditional financial systems?
7 answers
Riccardo
Wed Feb 05 2025
The application code, known as smart contracts, plays a crucial role.
Was this helpful?
142
37
Davide
Wed Feb 05 2025
Ethereum serves as a decentralized blockchain platform.
Was this helpful?
63
53
Martino
Wed Feb 05 2025
Smart contracts enable transactions between participants.
Was this helpful?
300
29
JejuSunshineSoul
Wed Feb 05 2025
They operate without the need for a trusted central authority.
Was this helpful?
260
25
PulseRider
Wed Feb 05 2025
It facilitates the establishment of a peer-to-peer network.
Was this helpful?
110
29
Load 5 more related questions
