SWOT ANALYSIS OF

ETHEREUM
 SUBMITTED
BY

Shubham.eth Anuja.eth

Nehal.eth Hitendra.eth
 WHAT IS
ETHEREUM?
• Ethereum is open access to digital money and data-friendly services for
everyone – no matter your background or location. It's a community-built
technology behind the cryptocurrency ether (ETH) and thousands of
applications you can use today
• Ethereum is a technology that lets you send cryptocurrency to anyone for
a small fee. It also powers applications that everyone can use and no one
Vitalik Buterin
Ethereum co-founder
can take down.
• It's the world's programmable blockchain.
• Ethereum builds on Bitcoin's innovation, with some big differences.
• Both let you use digital money without payment providers or banks. But
Ethereum is programmable, so you can also use it for lots of different
digital assets – even Bitcoin!
• This also means Ethereum is for more than payments. It's a marketplace
of financial services, games and apps that can't steal your data or censor
you.
 OBJECTIVES AND
VISION
Banking for everyone
Not everyone has access to financial services.
But all you need to access Ethereum and its
lending, borrowing and savings products is an
internet connection.

A peer-to-peer network
Ethereum allows you to move money, or make
agreements, directly with someone else. You
don't need to go through intermediary
companies.

A more private internet

You don't need to provide all your personal
details to use an Ethereum app. Ethereum is
building an economy based on value, not
surveillance.
 Censorship-resistant
No government or company has control over
Ethereum. This decentralization makes it nearly
impossible for anyone to stop you from
receiving payments or using services on
Ethereum.

Compatibility for the win

Better products and experiences are being built
all the time because Ethereum products are
compatible by default. Companies can build on
each other's success.

Commerce guarantees
Ethereum creates a more level playing field.
Customers have a secure, built-in guarantee
that funds will only change hands if you provide
what was agreed. You don’t need large company
clout to do business.
 ETHEREUM USE CASES

Decentralized finance (DeFi)

• A global, open alternative to the current
financial system.
• Products that let you borrow, save, invest,
trade, and more.
• Based on open-source technology that
Decentralized autonomous
anyone can program with. organizations (DAOs)
• Member-owned communities without
centralized leadership.
• A safe way to collaborate with internet
strangers.
• A safe place to commit funds to a specific
cause.

Non-fungible tokens (NFTs)

• A way to represent anything unique as an
Ethereum-based asset.
• NFTs are giving more power to content
creators than ever before.
• Powered by smart contracts on the
Ethereum blockchain.
 Strengths
• Second-largest liquid digital asset
• Smart Contracts
• Programmable Blockchain

Weaknesses
• Huge Gas Fee
• Scalability
SWOT • 15 Transactions Per Sec
Analysis • Unlimited Supply

Opportunities
• Ethereum 2.0
• Web 3
• Ethereum Name Service (ENS)

Threats
• Heavy Competition
• Multi-year upgrade that comes with substantial risk.
• Security
STRENGTHS
• Ethereum is the second-largest liquid digital asset, behind
only Bitcoin.
• Ethereum boasts more developers, developer activity,
DApps, node count, settlement value, and aggregate fees
than any other digital asset.
• The flexibility of Ethereum’s smart contracts allows for a
multitude of projects to build on the Ethereum blockchain
and participate in Web 3.0.
• Partnerships with prominent enterprises, as well as
thousands of dApps built on the platform, have helped
boost name recognition and contributed to tremendous
network effects.
WEAKNESSE
S• The project is still incomplete and is currently in the midst
of a prodigious, multi-year upgrade that comes with
substantial risk.
• Current scaling issues limit the ability of DApps and other
projects to grow and create satisfying user experiences.
• Heavy competition from rival blockchains, such as
Polkadot and Cardano, could chip away at Ethereum’s
adoption and popularity.
• The change from POW to POS is a very contentious issue
- some even believe it is not even possible at this late stage
in Ethereum's life cycle.
OPPORTUNITIE
S • Assuming they can overcome the scalability issues,
Ethereum has great potential. The ability to have
intelligent contracts combined with currency in a single
transaction is truly gamechanging.

THREATS
• Technology is a constantly threatened market space. There
is always new technology challenging your space in the
market.
• Competitive blockchains like Tron, Qtum, NEO, Cardano
and others, if they can overcome the scalability issues and
offer similar features to Ethereum.
 CONCLUSI
ON
• The force of Vitalik Buterin's personality and his high profile is a positive for Ethereum overall. I personally feel
that Ethereum is going to be a real force in future of blockchain.
• The Matic PoS sidechain works by bundling transactions and sending them to Ethereum later, which drastically
reduces congestion on Ethereum and fees for Polygon/Matic users.
• Ethereum is Layer 1, whereas Polygon sidechains are Layer 2. Taking transaction volume from DeFi apps like
Aave and Curve off of Layer 1 and onto Layer 2 results in near-instant scalability and a better UX for all.
• Polygon is helping Ethereum fend off other blockchains by making it more appealing. Polygon lessens the
financial barrier for developers and users wanting to get started on Ethereum. With Ethereum becoming more
useful as a result, the incentive to use other blockchains might ebb.
• The ETH 2.0 upgrade will allow this helpful global decentralized system of smart contracts to move forward with
its vision of speed, security, and reliability, reducing its carbon footprint and leveling the playing field for investors
to have a democratic say in ETH’s future by staking their ETH. Ethereum 2.0 is a needed upgrade to a blockchain
network that is already the most widely used for smart contracts. As the acceptance of cryptocurrencies, smart
contracts Dapps and NFTs continue to grow, the scalability of the Ethereum 2.0 network will undoubtedly attract
more users making it the service of choice.
 REFERENC
ES
• https://ethereum.org/en/
• https://www.cryptoeq.io/corereports/ethereum-abridged
• https://www.publish0x.com/cryptolowdown/ethereum-swot-analysis-xyomzq
• https://polygon.technology/
• https://www.deltecbank.com/2021/10/13/whats-ethereum-2-0-and-what-does-it-
mean-for-eth/?locale=en
• https://coinmarketcap.com/
• https://www.coingecko.com/en
• https://cointelegraph.com/
TTH
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