Ethereum is the second largest cryptocurrency just behind Bitcoin in terms of market capitalization. It is also open source and decentralized system based on Blockchain technology. It features a smart contract functionality. Ethereum allows us to write code that controls digital value, runs exactly as programmed, and can be accessed from anywhere in the world. The cryptocurrency generated by the Ethereum miners are known as Ether. They are generated as a reward for computations performed to secure the Ethereum blockchain technologies.
Blockchain technologies are promising and have the potential to disrupt the ledger technologies. It can provide secure, reliable and independent platform solving variety of business problems. Also check out our post on Building your first Blockchain