The reason Etheruem has so much value in the market is because of its use cases. Unlike Bitcoin which intends to behave merely as a global digital payment method, Ethereum has plans beyond it. Besides using Ethereum as a currency, its blockchain can be used for creating smart contracts as well as building, accessing and running dApps. Ethereum blockchain is useful to not only large enterprises, institutions and Govt. bodies but for small merchants and retailers. For example, financial institutions can use Ethereum’s blockchain for validating data and transactions, while dealers can use it for tracking goods in the supply chain.
Many big companies have already adopted the blockchain for better development of their businesses. Another benefit that makes Ethereum top the list of the best alternatives to Bitcoin is its ability to create smart contracts.
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