Unlike other companies, which use blockchain just to build virtual currencies, Ethereum developers have made a platform with a wider variety of uses. Ethereum is becoming a part of a new version of blockchain referred to as Blockchain 2.0 because they provide a platform on which other applications can be run.
With Ethereum, enterprises can build their systems based on blockchain and circumvent the common IT problems. Most of all, blockchain increases security because there is reduced chances of fraud. Blockchain is decentralized and transactions need to be verified by several nodes on the network. That way, hacking and fraud can be reduced on systems, as well as other advantages.