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Just like the largest cryptocurrency, bitcoin (BTC), ether can be used to send payments directly to another person without the need for an intermediary.The long-term vision for Ethereum is to power more than just financial transactions.

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ETH is unique in its ability to fill the role of a capital asset, consumable/transformable asset, and as a store of value.The innovative qualities of Ethereum have led to an explosion of new digital assets in the Smart Contract Platform (SCP) sector.

aqx aqx in india ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.This blog post takes a brief look at the Smart Contract Platform sector, its significance as a digital asset sector and how CoinDesk Indices is setting standards that define this sector.Smart contracts are computerized blockchain protocols that execute terms of a contract.

aqx aqx in india ✌️【365vc.net】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.Smart contracts represent computer codes ensuring that when both parties meet the terms of the contract they will execute automatically, allowing for trustless, peer-to-peer transactions.

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Every platform also utilizes a native token for the payment towards building on the platform, providing liquidity and allowing interoperability between the native token and the newly created tokens built on the platform.In December 2021, CoinDesk Indices launched its Digital Asset Classification Standard (DACS) to set the standard for defining the industries of digital assets.

Every one of the top 500 digital assets by market capitalization is assigned to an industry defined by DACS.

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Finally, at least one industry group is assigned to a sector.The SCP sector is the second-largest sector in DACS, with 88 assets representing over 35% of the digital asset market worth approximately $750 billion in market capitalization as of March 31, 2022.

In addition to the SCP sector, DACS offers five other sectors: Currency, Computing, Culture & Entertainment, DeFi (Decentralized Finance) and Digitization.

aqx aqx in india ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!The six sectors in DACS represent 22 industry groups and 35 industries.To be assigned to an industry in the SCP sector, the digital asset must be transparent, self-executing and trustless.

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aqx aqx in india ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.There are also debates on whether smart contracts need to be decentralized and whether a permissioned blockchain can be classified as smart contract platform.The Multi-Chain/Parachain industry includes smart contract platform assets that enable multiple parallel blockchains and cross-chain interoperability.

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