The number of startups using and developing products on blockchain platforms has exploded in the last few years, with Ethereum taking decentralization and security that is the core of blockchain technology and applying it towards almost anything that can be computed. At its nucleus is the cryptocurrency Ether, which can be used to pay for any type of transaction and service built on Ethereum, making it so much more than Bitcoin.
Update: Currently Ethereum cryptocurrency (ETH) is valued at over $11.00
Blockchain, a cryptographically secure list of transactions, is used by startups that mine and distribute digital financial instruments and digital currencies, but Ethereum has used it to build a platform that’s all encompassing. Essentially, Ethereum has the potential to profoundly effect and disrupt hundreds of industries, including finance, insurance, real estate and others.
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