Ethereum is the fast-growing financial technology on the cryptocurrency market created by a Russian-Canadian cryptocurrency researcher and programmer Vitalik Buterin in 2013. With more than 1,300 existing cryptocurrencies, Blockchain-based platform Ethereum is quite successful and has a great popularity within trading communities all over the world.
Ethereum is considered an open software platform based on blockchain technology that helps developers to design and employ decentralized applications. A decentralized Ethereum blockchain-based cryptocurrency token, called Ether (ETH), is utilized for operating smart contracts in Ethereum. Neither government nor bank can supervise Ethereum fintech and its coin Ether.