There's been a lot of talk about this new technology that launched IN 2015, and it's all still very obscure to many people.
No financial advice, educational purpose only.
Ethereum's platform works in the same way as Bitcoin's blockchain does, but there are two key differences.
First of all, it doesn't just allow users to exchange money or make transactions without having to go through a bank or other third party (which is what bitcoin allows).
It also allows them to create smart contracts. What are these? Well, imagine if you could set rules regarding how your money is spent and when
With DApps built on the Ethereum blockchain, users can establish persistent, reliable ownership records for actions such buying a car, a house, art, etc...
Blockchain technologies are already changing the world around us, by making more efficient what used to be resource-intensive industries.