Ethereum (ETH) is the second largest digital currency in the world. The blockchain of Ethereum is used to develop decentralized applications and smart contract. It has also seen the highest level of activities when it comes to Dapp and smart contract creation.
Although the blockchain of Ethereum has a lot of competition out there, it has managed to stay at the top of its game. The Dev Team of Ethereum is also planning a major upgrade that will greatly improve the blockchain.
DocuSign to Adopt the Blockchain of Ethereum
Ethereum (ETH) has seen a great level of adoption over the years. Recently, DocuSign – a San Francisco-based firm – announced its intent to adopt Ethereum blockchain. DocuSign runs an electronic transaction and signature management service. The firm wants to integrate the blockchain of Ethereum into its services.
DocuSign presently boasts of more than 400 thousand paying customers. With the integration of the Ethereum blockchain into its platform, the firm will be able to improve its services. Customers of DocuSign will now have evidence of a DocuSigned agreement recorded on the blockchain of Ethereum automatically.
This will be a better alternative to the firm’s conventional way of verifying signatures. It’s also great for customers that want to have proof of their agreements in a natural environment.
The chief product officer at DocuSign – Ron Hirson, made the announcement of the launch. During the release, he said: “For every client that opts-in, the firm will compute a one-way cryptographic hash fingerprint for every successful transaction. Adding that the value will be added to the blockchain of Ethereum.”
He also added that with the use of Ethereum blockchain, anyone can access third-party evidence for transactions.
Fidelity Investments Spins Off an Institutional Platform for Ethereum (ETH) and Bitcoin (BTC)
Fidelity Investments is set to launch a new platform that will function independently. According to the firm, the platform will be dedicated solely to bringing digital currencies to institutional investors. The new firm is called Fidelity Digital Assets. Fidelity Digital Assets is based in Boston and it is a limited liability company.
The firm will provide a digital currency trading execution platform, enterprise-grade custody solutions, and institutional advising services. It plans to run a 24/7 service that will align with the always-on trading cycle of blockchain.
At the moment, the parent firm of Fidelity Digital Assets – Fidelity Investments already has a strong stand in the financial market. The firm provides financial services worth $7.2 trillion in customer assets. It also offers investment, custody, and clearing services for thirteen thousand institutional advisory companies and brokers.
Fidelity Digital Assets currently has about 100 staff. The firm also has some customers onboard. However, the platform will be fully available to the public early next year. The launch of the firm marks one of the biggest moves into digital currency by an institutional asset manager.
The firm plans to offer three major services. The most elaborate of these seems to be custody services for Bitcoin (BTC), Ethereum (ETH), and other digital assets.
Ethereum (ETH) Price Today – ETH / USD
Ethereum (ETH) is currently worth $210 after a decrease of less than one percent over the past twenty-four hours. The current market cap of the digital currency is $21.55 billion and its trading volume over the past twenty-four hours is $1.91 billion.