The World's Computer
Ethereum provides a cryptocurrency token called “Ether”, the crypto-fuel for the Ethereum network. Ethereum is a distributed blockchain based platform that runs smart contracts. This technology enables the system to move value, store registered debts or data, and provide safe exchange of valuable information between its users, all without a middle man or counterparty risk.
Ethereum was built in order to facilitate blockchain application development. It was initially proposed by programmer Vitalik Buterin in 2013, and the project got crowdfunded in 2014.