Ethereum: The Essential Blockchain Technology For Business Solutions

Ethereum has quickly become the blockchain protocol of choice for businesses for several reasons, including its open source Ethereum community, programmable smart contract functionality, defined roadmap, and credibility with global businesses. In fact, more than half of the billion dollar companies on Forbes’ Blockchain 50: Billion Dollar Babies list use Ethereum. Emerging markets like DeFi are showing significant growth; As of July 2021, 9.3 million Eth was locked in DeFi. Another sign of Ethereum’s exponential growth is the number of Dapps and Ethereum addresses. As of March 2021, more than 3,000 Dapps were running on Ethereum, according to crypto application tracker State of the Dapps. As of May 2021, there were over 150 million unique Ethereum addresses.

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