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Consensys: Ethereum to Become the 'Trust Software' of the Digital World

Summary: Consensys has stated that Ethereum will become the 'trust software' of the digital world, acting as Trustware, a digital infrastructure that enables a significant upgrade for physical bills, paper ledgers, metal coins, and opaque private databases. Trustware injects validity and finality into ordinary data through a completely algorithmic process, benefiting from Ethereum's network effects and ...

Consensys has stated that Ethereum will become the 'trust software' of the digital world, acting as Trustware, a digital infrastructure that enables a significant upgrade for physical bills, paper ledgers, metal coins, and opaque private databases. Trustware injects validity and finality into ordinary data through a completely algorithmic process, benefiting from Ethereum's network effects and security. Companies like BlackRock, JPMorgan Chase, Visa, and Franklin Templeton have already adopted Ethereum for asset tokenization, payments, and other practical use cases.

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