# Technological Overview

### Technological Overview

#### Ethereum Blockchain

Ethereum is a decentralized platform that enables developers to build and deploy smart contracts. These contracts are self-executing with the terms directly written into code, running on the Ethereum Virtual Machine (EVM).

#### Smart Contracts

Smart contracts are programs that automatically enforce the terms of an agreement between parties. They are immutable once deployed, highlighting the need for thorough auditing to prevent bugs and vulnerabilities.

#### Importance of Auditing

Auditing smart contracts is crucial to ensure their security, functionality, and compliance. Vulnerabilities in smart contracts can lead to significant financial losses and undermine trust in blockchain technology.
