ErisX Launches Physically-Settled Ethereum Futures Contracts

ErisX is developing software to deliver the functionality of Ethereum’s ethereal computer. The software, which they call a ‘smart contract,’ will enable traders and developers to develop and launch an electronic exchange that will trade ether futures contracts.

Ether is the native currency of the ethereal computer. It has been said that ether’s potential to create new economic value will cause it to surpass both the USD and the Euro as the world’s “new money.” Ether can also be traded as a derivative, such as stocks or bonds.

Ether is described as a virtual currency that represents one-eighth of the total value of a currency pair. In other words, ether (ETH) may be exchanged for another currency. As the ether dollar values fluctuate, it becomes more advantageous to sell ether for dollars.

Ether was created in 2020 as a virtual money backed by computer code. It can be used for transactions in peer-to-peer applications. There are millions of ether units being sold each day. It has skyrocketed in value and is even now more popular than gold.

Ether has a future as a currency. That future depends on its use as a medium of exchange. It can serve as a store of value, since its price fluctuates based on the demand and supply of others, as well as the economics of its development.

The ErisX Platform is creating software that allows users to program the way they want the ethereal computer to handle transactions. The platform will allow users to build custom decentralized applications that interact with the ethereal computer. Users can then exchange one type of contract for another using the platform.

Ether can be used as a store of value, since its price fluctuates based on the demand and supply of others, as well as the economics of its development. It can also be used to pay for transactions in peer-to-peer applications. It may be possible for it to surpass USD and the Euro as the world’s “new money.”

ErisX is building software to deliver the functionality of Ethereum’s ethereal computer. The software, which they call a ‘smart contract,’ will enable traders and developers to develop and launch an electronic exchange that will trade ether futures contracts. Ether can be used as a medium of exchange.

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