Ethereum

If you want to be a part of the global world today (making digital transactions, having a digital identity, creating digital content), you need to hand over your rights and control to a centralized third party. You need to make contracts with a centralized entity such as your government, your bank, Facebook, etc. who all in turn own your information. Simply put, the power of owning your own information has been taken out of your hands.

Ethereum is a world-changing, trust-building technology, which represents nothing less than the second generation of the Internet. It is a decentralized on-line platform that enables development of smart apps that run exactly as programmed – without any chance of fraud, censorship or third-party interference. For identity cases, Ethereum allows you be in full control of your data. There is no centralized server that has access to your private data, can get hacked, edit your information, or get shut down. For medical records, only the patient and the doctor have the keys to the patient’s specific record. For storage, all the spare computing power and storage a regular person might have on their computer could be made available to someone else – just like renting out a spare bedroom on Airbnb.

Ethereum is a tool designed for the community, which means that everybody needs to get involved and informed in order for this system to reach its full potential of bringing the power back to the users. What the internet did for information, Ethereum could do for law, governance, finance, trade and social organization.