Four years after the birth of Bitcoin, a 19 year old young man conceived a new platform based on this system and tried to completely change the Internet. He is Vitalik Buterin, a programmer from Toronto, the father of Ethereum and a gifted youth, referred to as God V.
Ethereum is more effective than pure cryptocurrency. Through Ethereum, users can create any decentralized application (i.e. DApp) and smart contract. Theoretically, programmable Ethereum can be used for any economic or governance activities.
In short, Ethereum is similar to the blockchain version of Android and iOS systems, a blockchain APP platform. Ethereum is a global open source platform for decentralized applications (DApp). The name comes from Ether and the suffix ruem (Greek meaning is "oil")
Since it was introduced to the world in 2008, blockchain has become an increasingly popular buzzword among businesses across a wide range of industries.
In the age of digital networks, payment systems have been transformed by the development of digital financial technology, with paper money gradually transforming into cashless payments, such as credit cards and third-party payments, which can be made with the swipe of a finger.