Is Ethereum A Good Investment?

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·@technological·
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Is Ethereum A Good Investment?
Ethereum is probably the most reassuring technology investment today. It has been growing ever since its inception in 2016. Ethereum is an open-source network and a large number of projects depend on its currency, Ether. 

 
 

Reasons Why Ethereum Is A Good Investment

 
 

- __Decentralized Applications__

![blockchain-3019120_640.png](https://steemitimages.com/DQmSCpbyJFFeZqUR8BHUARkjaY4m5deYSyhfKup7MqZr9Nd/blockchain-3019120_640.png)

The blockchain is the key factor that makes cryptocurrencies so useful. All the transactions are recorded in the blocks, but Ethereum's blockchain can do much more than just recording transactions. 

 Ethereum's blockchain is capable of running an algorithm as it is Turing-complete. Ethereum can run any script and it can process transactions in less than 12 seconds. 

Ethereum is the best blockchain network to support programs or businesses. It can solve problems with precision and accuracy. 

As Ethereum is written in a Turing-complete language, its flexibility and speed make it fit to run sophisticated apps. A large number of startups are using the Ethereum network as a backbone for their projects. number of startups 


 
 


- __Financial Institutions__

![deutsche-bank-2300373_640.jpg](https://steemitimages.com/DQmbJXHiknB6UY1HkCmdp9uYnZnyzxJz33BQAH6AKeagoQ8/deutsche-bank-2300373_640.jpg)

Ethereum is very well positioned and fit to be adopted by the masses. As Ethereum works on an open-source network and the Ethereum network is decentralized, it works outside the traditional banking system. 

Financial institutions, such as big banks are planning to use the Ethereum network to thrive in the world of cryptocurrency. For example, Bank of America is working with the Ethereum on an application to help their customers keep their transactions secure. 

They created the application with the Microsoft and the goal was to speed up the Ethereum's adoptions among their customers. The app stores customers' data on the blockchain network and the user can control who accesses his information on the network. 


Ethereum is a highly secure network and it provides the technology to keep the finances secure. However, it can far beyond the financial security aspect and it can be adopted by the masses. 


 
 

- __Fortune 500 Companies__

![handshake-3198019_640.jpg](https://steemitimages.com/DQmP9FMijpNKhVLWqcgScDXSXwkks6ZFAWyNbGb7v1pjnF7/handshake-3198019_640.jpg)

Ethereum's Enterprise Ethereum Alliance(EEA) signals Ethereum's long-term vision for the network. Dozens of fortune 500 companies are working with the Ethereum network for its incorporation into their businesses. 

Companies like Microsoft, BP, JP Morgan, etc. have been proactive in the blockchain world and trying to harness the power of Ethereum network. These companies want to benefit from the power, efficiency, speed, and flexibility of the Ethereum network. Moreover, smart contracts make the network particularly useful for the business world. 

Smart contracts are the coded contracts that lead to some sort of action. Ethereum's smart contracts together with the ability to support algorithms on the network make it a promising network for the future. That's the reason, many Fortune 500 companies are interested in the network. 



 
 



__Final Verdict__

Ethereum is a very good investment as it hosts the technology of the future. It can work as a backbone for an entire economy of blockchain-based startups. The decentralized aspect makes it particularly attractive to the investors who don't like the traditional banking system, which is debt-based. 

Don't think you're too late already as it is still the right time to invest in Ethereum. There is a very good chance that your money will grow if you invest in the Ethereum network.
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