The enterprise ethereum alliance

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Enterprise Ethereum Alliance Fills Out Leadership

SpaceChain is building an open-source operation system that will enable developers to make applications by applying smart contract and blockchain sandbox designed by our CTO Jeff Garzik. We look forward to connecting with all the EEA members and discussing opportunities for collaboration.

SpaceChain is actively building the world's first open-source satellite network to enable a next-generation infrastructure for blockchain industry. This non-terrestrial, decentralized satellite network will become an alternative for data transmission, storage and application dvelopment. The SpaceChain open-source operating system, SpaceChainOS, provides a "blockchain sandbox" that any developer can utilize for rapid development, testing, and deployment of decentralized applications.

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards and open-source reference architectures. The EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas including privacy, confidentiality, scalability and security.

The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups. EEA will collectively develop open industry standards and facilitate collaboration with its member base. It is also open to any members of the Ethereum community who wish to participate.

This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight to the future of scalability, privacy and confidentiality of the public Ethereum permissionless network. For additional information about joining EEA, please reach out to [email protected].

JPMorgan, Microsoft, Intel and others form new blockchain alliance

Given that Ethereum is expected to be utilized further in the enterprise field going forward, we decided to join the alliance. The blockchain is a technology that uses a large number of computers connected to a network to process and manage data in a distributed manner, which enables a function equal to one that has been handled by a single huge system so far. It has been used as a technology to support cryptocurrencies, such as recording bitcoin transaction information. Originally, the possibility of a new settlement system and the utilization of cryptocurrencies were discussed, and related technologies and services emerged across the globe. Subsequently, attention was focused on the Distributed Ledger Technology, which characterizes the blockchain, and the potential of smart contracts, which enable automated contract execution, leading many companies to begin considering new businesses. Meanwhile, as various companies began considering new businesses, issues that cannot be dealt with by existing blockchain technologies have appeared. In addition, regarding the use in the enterprise field, more specific themes are now being discussed, such as the definition of performance and the concept of operation and control based on the precondition of distributed structure.

Oracle has announced the launch of Oracle Autonomous NoSQL Database, designed for workloads that need fast and predictable responses to simple operations.

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The EEA is a members-driven standards organisation whose charter is to develop open, blockchain specifications that drive harmonisation and interoperability for businesses and consumers worldwide — one that is backed by the largest developer community in the world and a worldwide member-base. As a member of the EEA, Standard Chartered will collaborate with industry leaders in pursuit of Ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. The Bank views blockchain as central to banking and commerce in the digital era, so transactions can be verified, secure and processed in real time. The EEA membership base represents hundreds of companies from every region of the world across a wide variety of business sectors, including technology, banking, legal, government, healthcare, energy, pharmaceuticals, marketing, and insurance. Standard Chartered has been working with various industry partners and fintechs to explore the use of innovative technology to make financial systems more efficient and accessible for its clients. The Bank is one of the founding members of Contour, a blockchain-based open industry platform that was launched in October to digitally create, exchange, approve and issue Letters of Credits LCs , and recently issued the first LC over the platform for the oil industry. It is also co-creating blockchain-enabled supply chain financing solutions with China-based Linklogis, completing its first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers.

Wipro joins Enterprise Ethereum Alliance as founding member

the enterprise ethereum alliance

A blockchain standards group made up of hundreds of businesses and tech development members has unveiled its first specification for enabling the development of peer-to-peer, decentralized networks explicitly for automating corporate transactions. The EEA Specification and its architecture stack is based on blockchain components developed by the Ethereum Foundation , the organization behind the world's second most valuable cryptocurrency: Ether. By using the EEA's new specification, developers can write code that enables interoperability between businesses and their customers, either over a permissioned or public blockchain. The specification sets up a framework for setting up permission to join a blockchain network. It has great core competencies around value transfer, sending people Ether.

The EEA is a global member-governed organisation that aims to drive and support the adoption of Ethereum blockchain technology and the development of industry standards.

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As a member of the EEA, Conduent will collaborate with industry leaders in pursuit of Ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. We are committed to learning from and building upon industry standards through our EEA membership. With more than member companies, the EEA membership base represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance. Click to Tweet. The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open-source reference architectures.

Enterprise Ethereum Alliance Launches Three New Work Groups

Synechron Inc. Comprised of the most advanced enterprises and startup blockchain innovators, EEA is designed to build, promote, and broadly support Ethereum-based technology best practices, standards, and a reference architecture, EntEth 1. That said, the Enterprise Ethereum Alliance is doing important work to bring Ethereum from its public origins to a permissioned blockchain platform that can handle the heightened security requirements of industries like financial services. As part of the EEA, we expect to contribute to this effort through open source code contribution and by sharing our insights from building working Blockchain applications. The Enterprise Ethereum Alliance EEA was formed earlier this year seeking to evolve Ethereum so that it can serve as an enterprise-grade technology. EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry specific application layer working groups. Our new members come from varying industries such as pharma, mobile, banking, automotive, management consulting, and hardware as well as the startup community driving innovation. Synechron along with EEA and its associate members aim to collectively develop industry standards and facilitate open source collaboration.

The Enterprise Ethereum Alliance is a member-led industry organization whose objective is to drive the use of Ethereum blockchain technology as an.

How can the Enterprise Ethereum Alliance interoperate with the public Ethereum chain EIP process?

The Enterprise Ethereum Alliance EEA seeks to augment Ethereum, enabling it to serve as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability, and security. EEA will also investigate hybrid architectures that span both permissioned and public Ethereum networks. Morgan and Nuco. Focusing on requirements like privacy, permissions and a pluggable architecture while retaining its public roots, Ethereum continues to widen the scope of what developers, businesses and consortiums can achieve.

Bigger than bitcoin? Enterprise Ethereum Alliance grows in size

Editor's note: This column has been updated to disclose the writer's advocacy of blockchain technology--the underpinning of all crytocurrencies--and a Consumer Financial Protection Bureau warning about these investments. These corporations are building technology and decentralized applications on the Ethereum blockchain. Ethereum , for anyone that doesn't know, is a cryptocurrency like Bitcoin, but also so much more as it supports open source code and smart contracts on its blockchain. This means that the possibilities are almost limitless, since decentralized applications can be built and deployed on Ethereum and many already are.

The move will bring the company to a new level of development in blockchain technology based solutions, allowing Kaspersky Lab to network with alliance members, share expertise and attend working groups. For almost three years, Kaspersky Lab has been supporting internal and external teams in the development of new ideas and technologies within its Business Incubator, including those based on blockchain.

New Alliance! Ethereum Enterprise Alliance

We thank them and all the working group members for their support and efforts. The technical steering committee will provide guidance to the working groups producing technical specifications and code, reviewing and approving deliverables from various working groups for submission to the board of directors, and liaising with other committees to assist with directing the EEA work to the right places. Nearly everything which goes through the technical steering committee should manifest as specifications which apply to Ethereum client code bases i. Real-time settlement is the key benefit of blockchain-based processes. Crypto-focused firms are expected to use their high valuations to buy TradFi firms. The shared private ledger from Baton Systems enhances settlement speed and efficiency.

IEEE websites place cookies on your device to give you the best user experience. By using our websites, you agree to the placement of these cookies. To learn more, read our Privacy Policy. Over the last two years, Ethereum , a blockchain-based platform for self-executing contracts and other applications, has attracted many admirers in the corporate world.

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