Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Bitget Wallet adds crypto purchase support for Apple Pay and Google Pay

16/09/2025

Bitcoin mining stocks outperform BTC as investors bet on AI pivots

16/09/2025

eToro EU Approved for Crypto in Germany, Custody Remains with Tangany

16/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum ETF Frenzy Pushes Investors Toward This New Small-Cap

    16/09/2025

    Ether could see the ‘biggest bear trap’ this month: Analysts

    15/09/2025

    Ethereum Whale Cashes Out Millions in DAI After Price Rally: $13.2 DAI Earned

    15/09/2025

    can $4,300 support prevent a deeper correction?

    15/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    LimeWire Acquires Fyre Festival, Plans Fresh Start With a Crypto Spin

    16/09/2025

    American Express Introduces Blockchain-Based ‘Travel Stamps’

    15/09/2025

    NFT sales show modest recovery, Pudgy Penguins jump 110%

    14/09/2025

    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

    13/09/2025

    Bitget Wallet adds crypto purchase support for Apple Pay and Google Pay

    16/09/2025

    Bitcoin mining stocks outperform BTC as investors bet on AI pivots

    16/09/2025

    eToro EU Approved for Crypto in Germany, Custody Remains with Tangany

    16/09/2025

    Binance and the U.S. Department of Justice Reportedly Close to Reaching an Agreement: BNB Price Soars

    16/09/2025
  • Blockchain

    Can Decentralized Indexing Save Web3?

    16/09/2025

    UFC Expands Web3 Partnership with Fightfi’s Fight.ID Platform

    16/09/2025

    ICB Network Partners with Tectum to Pioneer Zero-Fee PayFi Transfers in Web3

    16/09/2025

    ATT Global Taps For Metas to Advance Web3 Ecosystem

    16/09/2025

    Philippine lawmakers push blockchain budget bills in House

    16/09/2025
  • DeFi

    Unlocking a New Era of DeFi Security

    16/09/2025

    Likwid.Fi Partners with RabitAI to Unlock DeFi Lending/Derivatives Trading Potential

    16/09/2025

    Maple Expands to Plasma with Launch of syrupUSDT, Backed by Tether

    16/09/2025

    Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

    16/09/2025

    TVL on Pumpfun’s DEX PumpSwap Breaks New High Above $330M

    16/09/2025
  • Metaverse

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025

    CreataChain Joins LightCycle to Advance Fashion, Interoperability, and AI in Metaverse

    05/09/2025

    new institutional ‘trust’ layer to boost tokenized ESG investment

    04/09/2025

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025
  • Regulation

    CZ says stablecoins have defeated CBDCs globally, how come?

    16/09/2025

    Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

    16/09/2025

    South Korean Tech Giant Unveils Bold Crypto

    16/09/2025

    New ETF Filings Hint at Broader Crypto Product Boom Ahead

    16/09/2025

    JPMorgan Says Fed Won’t Cut Interest Rates in September, Explains Why!

    16/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitget Wallet adds crypto purchase support for Apple Pay and Google Pay

    16/09/2025

    eToro EU Approved for Crypto in Germany, Custody Remains with Tangany

    16/09/2025

    Binance and the U.S. Department of Justice Reportedly Close to Reaching an Agreement: BNB Price Soars

    16/09/2025

    Binance Pay enters South Africa’s checkout lanes through Zapper tie-up

    15/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    DeBox Partners with Mythoria to Merge AI-Led GameFi and Web3 Social Ecosystem

    16/09/2025

    Crypto Games Keep Shutting Down. This $500K Fund Aims to Help Players Recover

    14/09/2025

    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

    13/09/2025

    Undeads Games TVL Reached $30M+

    12/09/2025

    Bitcoin mining stocks outperform BTC as investors bet on AI pivots

    16/09/2025

    DL Holdings to Enter Bitcoin Mining Through Convertible-Bond Deal

    16/09/2025

    Why Bitcoin Miners Are Powering AI’s Expansion

    14/09/2025

    Bitcoin’s Computing Muscle Flexes Harder

    13/09/2025

    Coinbase-backed petition pushes UK on blockchain and stablecoin policy

    15/09/2025

    China Imposes New Cryptocurrency Bans! Here Are the Details…

    15/09/2025

    Input Output Joins CryptoUK to Help Shape UK’s Digital Asset Future

    15/09/2025

    CFTC Nominee Brian Quintenz tells all in Winklevoss twins fight

    15/09/2025

    Bitget Wallet adds crypto purchase support for Apple Pay and Google Pay

    16/09/2025

    Bitcoin mining stocks outperform BTC as investors bet on AI pivots

    16/09/2025

    eToro EU Approved for Crypto in Germany, Custody Remains with Tangany

    16/09/2025

    Binance and the U.S. Department of Justice Reportedly Close to Reaching an Agreement: BNB Price Soars

    16/09/2025
  • MarketCap
NBTC News
Home»Ethereum»Know Ethereum’s expanding horizons from finance & beyond
Ethereum

Know Ethereum’s expanding horizons from finance & beyond

NBTCBy NBTC03/10/2023No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum is an open-source, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It was initially proposed in late 2013 by Vitalik Buterin, a programmer and cryptocurrency researcher.

Ethereum was first released as Frontier on July 30, 2015. Since its release, the project has quickly become one of the most influential cryptocurrencies available today. With a wide variety of applications already built into the system, it is one of the oldest and largest blockchains currently running in production with millions of daily users.

The core innovation that makes Ethereum stand out from other tokens or coins is its use of Smart Contracts – executable code stored within the blockchain that can validate asset transfer rules without external intermediaries such as banks or brokers.

Ethereum’s Growing Horizons

1) Ethereum & Decentralized Finance (DeFi)

Over the past few years, Ethereum has been at the cutting edge of blockchain development, and its applications have gone beyond finance. The decentralized nature of the platform is what makes it so appealing for a variety of use cases.

Decentralized Finance (DeFi) has become one of the most popular and widely used applications on Ethereum and other blockchains. DeFi leverages smart contracts and token economics to facilitate financial services that are faster, cheaper, and more secure than traditional financial systems while giving users control over their own funds without centralized intermediaries controlling them.

2) Ethereum & Smart Contracts 

From using Ethereum as a platform to build DApps (Decentralized Applications) to creating marketplaces that enable automated transactions, the potential for blockchain technology is nearly endless. With smart contracts and decentralized applications running on its blockchain, Ethereum can facilitate serverless architectures in several industries like healthcare, food delivery networks, supply chain management systems, and voting systems.

Smart Contracts allow users to enter into agreements without needing any central source of authority or trust, allowing automation across a wide array of use cases from property investment to insurance premiums management and much more.

3) Ethereum in Sports Betting

The introduction of Ethereum has revolutionized the world of sports betting. With its decentralized system, Ethereum allows users so sports betting with one another without having to go through a centralized payment system ot house. This makes the entire process much more secure and eliminates any possibility of manipulation or fraud on behalf of either user. Additionally, bets can be settled faster, greatly increasing speed and efficiency compared to traditional methods. As a result, many top-rated Ethereum sports betting sites have emerged, providing users with a decentralized and secure platform to engage in betting activities.

4) Ethereum and Non-fungible tokens (NFTs)

NFTs have become an increasingly popular way to explore applications beyond finance. From digital art and gaming assets to real estate and more, Ethereum-based non fungible tokens are becoming the future of asset ownership around the world. By tokenizing physical items into digital ones, people can buy items online without a middleman for secure transactions that would otherwise require third-party approval or escrow fees.

As Ethereum technology becomes more advanced with smart contracts and stablecoins, it may even be possible to create blockchain-based supply chain platforms where all participants on these networks can share data securely while still maintaining privacy protocol rights.

Innovative Upgrades in Ethereum’s Horizons

–  Ethereum 2.0 and its transition from proof-of-work to proof-of-stake

Since its launch in 2015, Ethereum has become a global leader in blockchain technology and network architecture. As the second generation of cryptocurrency, it has gained widespread attention for its potential to revolutionize online finance and autonomous transactions.

Recently, however, due to scalability issues inherent with proof-of-work consensus protocols like those used by Bitcoin or Litecoin, Ethereum initiated a large-scale upgrade called Ethereum 2.0, which is set to transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS).

Proof-of-Stake is an alternative protocol to PoW, which replaces miners with validators who stake their own funds as collateral by locking tokens on the protocol to maintain accuracy on the network while avoiding lags and other performance problems that arise from traditional PoW moves such as “mining.”

– EIP-1559 Upgrade and the London Hard Fork

EIP-1559 and the London Hard Fork were created in response to the growing demand for scalability, security, and functionality. In order for this new version to go live, two major updates would first need to take place: EIP-1559 and the London Hard Fork update.

The EIP-1559 upgrade seeks to introduce a new system of transaction fees on the Ethereum network that acts as both an efficiency measure and anti-spam defense by implementing a dynamic fee structure where users are incentivized to set higher gas prices so they can have their transactions processed quicker than other users waiting in line at any given time.

The other part of EIP-1559 is known as ‘the burn’, which sees all fees taken from user transactions burned instead of being sent back into circulation.

Conclusion

Ethereum has played a major role in the evolution of decentralized finance, or DeFi. In 2015, Ethereum launched its first smart contract platform with an open-source blockchain framework called Solidity. From there, it quickly gained global traction as the go-to network for launching and powering distributed applications (dApps).

Building on its success in dApp development, Ethereum positioned itself well within DeFi markets FinTech products such as Decentralized Exchanges (DEXs) and peer-to-peer lending protocols.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Ethereum ETF Frenzy Pushes Investors Toward This New Small-Cap

16/09/2025

Ether could see the ‘biggest bear trap’ this month: Analysts

15/09/2025

Ethereum Whale Cashes Out Millions in DAI After Price Rally: $13.2 DAI Earned

15/09/2025

can $4,300 support prevent a deeper correction?

15/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Bitget Wallet adds crypto purchase support for Apple Pay and Google Pay

16/09/2025

Bitcoin mining stocks outperform BTC as investors bet on AI pivots

16/09/2025

eToro EU Approved for Crypto in Germany, Custody Remains with Tangany

16/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.