Start of Main Content
Author(s)

Axel Wieandt

Even though Bitcoin is the better-known blockchain application, experts consider Ethereum to be the more significant. This is because it offers possibilities which go beyond those of a cryptocurrency: Smart Contracts. Entire business processes and even complete organizations can be mapped via this open and decentralized blockchain platform. The fact that this also entails risks is something that became apparent in the early days of Ethereum.
Date Published: 2021
Citations: Wieandt, Axel. 2021. Ethereum - or the Power of Smart Contracts. WHU Knowledge.