Ethereum is the main platform for thousands of applications and blockchains, all powered by the Ethereum protocol. So what can Ethereum ETH do? Let's take a look with the editor of CoinBox!
Banking services for everyone
Not everyone has access to financial services. But as long as you have an internet connection, you can access Ethereum and the lending and savings products built on it.
Open network
Anyone can interact with the Ethereum network or build applications on it. This way, you can control your own assets and identity information instead of letting a few large companies control it.
P2P network
On Ethereum, you can collaborate with others, reach agreements, and transfer digital assets directly. No need to rely on any middlemen.
Resistance to censorship
Ethereum is not controlled by any government or company. Decentralization ensures that your power to get paid or use services on Ethereum cannot be interfered with by others.
Business Assurance
Users have a secure, built-in safeguard that funds can only change hands if the user has given their consent. Likewise, developers can be confident that the rules will not change.
Composable Products
All applications are built on the same blockchain, with a shared global state, which means they can build on top of each other (similar to Lego bricks). This gives us better products and experiences, ensuring that no one can delete any of the tools an application relies on.
