On September 8th at the Ethereum Industrial Development Summit Jake Lang the core developer of the Ethereum Foundation pointed out that Ethereum WebAssembly is the future of Ethereum Smart Contract. Jake Lang pointed out that the existing Ethereum smart contract virtual machine EVM has various problems too complex low performance and only limited programming languages and development tools. Introducing WebAssembly Ewasm (Ethereum WebAssembly) solves these problems by providing an executable binary format a architecture very similar to a traditional computer efficient and supporting multiple programming languages and developer tools and backwards compatible with EVM. Therefore Ewasm is the future of Ethereum Smart Contract.