The Internet was introduced to the general public over 30 years ago, however we never considered just how big of an impact it would have on our lives. Now, we may have another technological innovation that will have just as big of an impact called the blockchain. With the release of this system, it believed that is will not only revolutionize the financial sector of our society but will also affect multiple facets of our lives, such as media and communication.
The blockchain is the world's leading software platform for digital assets. This blockchain platform offers the largest production in the world, using new technology to build a radically better financial system. The blockchain is technologically advanced wide-reaching system that will not only revitalize financial services, but also other businesses and industries.
Ethereum is organized by arranging a mass of ports (PCs) associated with each other. Although the entire system consists of numerous ports, it's best to consider it as one large entity, which we call the "Ethereum Virtual Machine" or EVM for short. Every exchange, past, present, and future initiated in the system is recorded and stored in an open and dispersed record.
Much of the technology that we use and take for granted on a daily basis was quite revolutionary in its time. Consider smartphones, for example. After only a decade, they have been seen as an innovation that has completely changed our way of life, to the point where we wondered how we ever managed to live without one.
One of the latest trends that has generated global buzz is the way start-up companies are earning massive amounts of revenue in minutes. By offering companies ICO's, they have raised over half a billion dollars so far this year.