Ethereum Surpasses 200,000 Smart Contracts

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Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), now has more than 200,000 smart contracts issued on its blockchain network, according to Etherscan data. As a Turing Complete cryptocurrency platform, Ethereum allows developers to automate business processes by writing smart contracts. Launched on July 30, 2015, the Ethereum blockchain has been used by some of the largest companies in the world. Microsoft Launches Tools for Ethereum Smart Contracts Tech giant Microsoft released software tools in May for developing Ethereum-based applications on Azure, the company’s cloud computing platform. Azure’s blockchain development kit for Ethereum is an extension to Microsoft’s code editor Visual Studio Code, which allows software architects to create and issue smart contracts, while utilizing open-source development tools such as Solidity and Truffle. As noted on its Github page, the Azure blockchain service is a managed Ethereum service that can be integrated into various other…

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