1. Smart Contracts: Ethereum allows developers to create and deploy smart contracts that are self-executing and self-enforcing. For example, a smart contract could be used to securely store and transfer funds without the need for a third-party intermediary.
2. Decentralized Applications (DApps): Ethereum enables developers to create decentralized applications (DApps) that are powered by the Ethereum blockchain. These DApps can be used to create a wide range of applications, such as digital asset exchanges, prediction markets, and voting systems.
3. Tokenization: Ethereum enables developers to create their own digital tokens that can be used to represent real-world assets, such as stocks, gold, or real estate. These tokens can then be exchanged on the Ethereum blockchain.
4. Scalability: Ethereum has implemented several scaling solutions, such as sharding and Plasma, that allow it to process more transactions per second (TPS) than Bitcoin.
5. Privacy: Ethereum provides users with a high degree of privacy and anonymity by allowing them to send and receive funds without revealing their identity. This is accomplished through the use of zero-knowledge proofs and ring signatures.