Ethereum has many purposes. I can be used as a digital asset and store of value, but it can also function as a platform upon which to build decentralized applications (dApps) and decentralized finance (DeFi) projects. Ethereum also supports the development of smart contracts, allowing users to create secure agreements between parties with automated enforcement mechanisms built on the blockchain. By enabling these innovative use cases, Ethereum has become an increasingly popular choice for investors looking for new ways to interact with digital assets.
Malcolm O'Mahony
