The main headline this week shall be based on the past weekend’s World Economic Forum (WEF) in Davos. The rising value and utility of cryptocurrencies was, of course, discussed, and Ethereum was mentioned in particular. Unlike other popular cryptocurrencies like Bitcoin and Bitcoin cash, Ethereum has a lot more uses than just money transfer through the use of smart contracts. Last year, Russian president Vladimir Putin met with Ethereum founder Vitalik Buterin. We do not know exactly what was discussed, but it just goes to show that world leaders are taking an interest to the technology, if not the cryptocurrency itself.
At the WEF event were also a lot of wealthy investors and business leaders who may also see the utility in Ethereum. Several major companies are already using Ethereum including J.P. Morgan Chase and the Royal Bank of Scotland, and there are more showing increasing interest. Ever since the formation of Enterprise Ethereum Alliance (EEA), many major companies have been investing in the Ethereum Foundation, and even more shall be doing so this week; probably even this week.