Blockchain has pretty powerful use cases in the enterprise. Ethereum provides one such solution which allows companies to have a private blockchain and programmable smart contracts in place—and with that a nice internal audit trail as well.

Blockchains can use proof-of-authority or proof-of-stake not as a means to accumulate “wealth” but firstly to secure the network from tampering while facilitating the resilient, chain of transaction records.

Ethereum is a distributed Turing machine (completely programmable)—first and foremost—and that is much more powerful than a simple coin.