Ethereum co-founder Vitalik Buterin wins IT Software award at World Technology Summit

The co-founder of Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term and Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Magazine, Vitalik Buterin, has won the IT Software award at the World Technology Summit on New York.

He beat out 40 other nominees and 4 other finalists, which included Facebook's Mark Zuckerberg, for the award.

Ethereum, according to its website, is "a platform and a programming language that makes it possible for any developer to build and publish next-generation distributed applications." One of its highly anticipated uses is for smart contracts and decentralized exchange. Its code was recently adapted by Counterparty in an effort to allow users to create their own smart contracts. Earlier this year, Ethereum secured millions for its project through the crowdfunding of its native token, ether.

The Summit was presented at the Time & Life Building in New York last week. According to its website, the World Technology Network (WTN) is "a curated membership community comprised of the world's most innovative individuals and organizations in science, technology, and related fields."