Ethereum is a blockchain-based open source software platform which stores and executes computer codes. On the Ethereum blockchain, anyone can build, launch and distribute their own decentralised applications and smart contracts.
While Bitcoin has revolutionised the way we transfer money without the need for a bank, Ethereum has revolutionised the way companies conduct their businesses without middlemen or centralised institutions. Ethereum enables any organisation or company to write business agreements in the form of a computer code.
Ethereum is much more than a cryptocurrency, not only it moves money peer-to-peer, but it also allows users to program money and keep track of computer programs.