Q. What is Ethereum and its use cases

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It’s the second-largest cryptocurrency by market capitalization, after Bitcoin. Ethereum’s use cases include: * Decentralized finance (DeFi) applications, such as lending and borrowing * Non-fungible tokens (NFTs) for digital art and collectibles * Gaming and social media platforms * Supply chain management and logistics * Prediction markets and betting platforms Ethereum’s smart contract functionality allows for automated, trustless, and transparent execution of rules and agreements, making it a versatile platform for a wide range of applications.