Ethereum Explained
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In this episode of International Business Today, Professor Ravi Sarathy explains what makes Ethereum fundamentally different from Bitcoin, how proof of stake changed the game, and why competitors like Solana are gaining ground. Whether you're trying to understand DeFi, real-world asset tokenization, or just why Ethereum matters for global finance, this episode breaks it down.
You'll discover: → Why Ethereum was designed for business while Bitcoin was designed for payments → How smart contracts automate transactions when conditions are met → The Layer 1 vs. Layer 2 distinction and why it matters for scalability → How proof of stake reduced Ethereum supply and boosted prices → Why Ethereum allows 1.5% annual inflation while Bitcoin has a hard cap → The Solana threat: faster transactions, lower costs, growing developer momentum
Whether you're an investor evaluating crypto assets or a business leader exploring blockchain applications, this episode maps out where Ethereum fits in the digital currency landscape.
RESOURCES: Enterprise Strategy for Blockchain (MIT Press): https://mitpress.mit.edu D'Amore-McKim School of Business: https://damore-mckim.northeastern.edu
ABOUT THE HOST: Ravi Sarathy is a Professor of International Business and Strategy at Northeastern University's D'Amore-McKim School of Business. He is the author of "Enterprise Strategy for Blockchain" from MIT Press and an expert in global strategy, emerging technologies, and digital transformation. He is currently working on a new book on global payments.
ABOUT THE SHOW: International Business Today explores critical issues in global business with top academic experts and thought leaders. Hosted by professors from Northeastern University's D'Amore-McKim School of Business.
SUBSCRIBE: YouTube: https://www.youtube.com/@InternationalBusinessToday Spotify: https://open.spotify.com/show/2y21XexVdXEiTBdZQIuSyf Apple Podcasts: https://podcasts.apple.com/sg/podcast/international-business-today/id1665009512
DISCLAIMER: This content is for educational purposes only and does not constitute financial or investment advice. Cryptocurrency investments are volatile and carry significant risk. Please consult a qualified financial advisor before making any investment decisions.
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