The Enterprise Ethereum Alliance (EEA) was late joined yesteryear 34 novel members, including Mastercard, Cisco, Scotiabank as well as the Government of Andhra Pradesh, bringing the full membership of the consortium to over 150 organizations.
On July 18, 2017, the Enterprise Ethereum Alliance published a press release claiming that — with the 34 novel members as well as the full size of 150-plus participants — the EEA became “the world’s largest open-source blockchain initiative.” According to the consortium, which focuses on developments on the Ethereum blockchain, the newest members of EEA correspond a “wide diverseness of draw of piece of job organisation sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, as well as insurance, equally good equally a number of fast-growing Ethereum startups.”
The main concept of the nonprofit is to “build, promote, as well as broadly back upward Ethereum-based applied scientific discipline best practices, opened upward standards, as well as opened upward beginning reference architectures.”
There was a fleck of confusion inwards the Ethereum Reddit community since Mastercard was non listed alongside the novel members inwards EEA’s press release. However, Andrew Keys, caput of global draw of piece of job organisation evolution at ConsenSys, cleared upward the issue.
“Mastercard is indeed a novel fellow member of EEA. They asked non to hold upward inwards the press free document precisely approved beingness on the EEA official website. They may hold upward doing their ain communications on this,” he wrote.
CEOs as well as representatives of many of the newly joined members of the EEA expressed their gratitude as well as commitment toward the project.
“As Fintech Valley Vizag inwards Andhra Pradesh aims to larn a vital fiscal applied scientific discipline hub, it is working on adopting to a greater extent than robust systems that are cost-effective. With safety issues all over the world, at that topographic point is no incertitude that blockchain applied scientific discipline is laid upward to hold upward the biggest disruptor non solely inwards the fiscal world, precisely equally good [in] a number of online as well as offline sectors. We are swell on integrating blockchain applied scientific discipline into governance as well as await frontwards to our collaboration with Enterprise Ethereum Alliance as well as render marketplace access to the community,” J. A. Chowdary, particular primary secretarial assistant as well as information technology advisor to the primary government minister at the Government of Andhra Pradesh (India), stated.
“OTP Bank keeps focusing on innovative technologies. Nowadays nosotros intend that the close valuable property is the trust betwixt the banking concern as well as the customers. Blockchain applied scientific discipline gives several advanced solutions inwards [the] safety industry. OTP Bank has chosen Ethereum equally a partner, because nosotros see it a state-of-the-art blockchain technology. Via joining the Ethereum community, OTP volition hold upward able [to] range its goals smoothly. Through the mutual standards as well as best practices evolving inwards Ethereum Enterprise Alliance, our information technology systems volition hold upward to a greater extent than secure as well as highly developed,” László Popovics, caput of information technology innovations at OTP Bank — the leading banking concern inwards Republic of Hungary as well as i of the largest independent fiscal service providers inwards Central as well as Eastern Europe — wrote.
The Enterprise Ethereum Alliance was formed inwards slow Feb yesteryear a grouping of fiscal institutions, blockchain startups as well as innovators. The consortium — with J.P. Morgan as well as Intel equally the close prominent names alongside the founding members — aims to standardize blockchain tech for corporation settings. At the fourth dimension of the EEA’s launch, the participants created a reference architecture for their project, called “EntEth 1.0,” which has a stronger focus on privacy.
Excluding Mastercard from the list, the newest members of the Enterprise Ethereum Alliance include:
2Advise; Amalto Technologies; Antibiotic Research United Kingdom of Great Britain as well as Northern Ireland (ANTRUK); Aquilon Energy Services, Inc.; ASSETH; BLOCKO Inc.; Bloq; Cisco Systems; Cybersoft Digital Services Corp.; Enter Corporation Co., Ltd.; Equities.com, Inc.; Finclusion Labs, Inc. (WeTrust.io); Government of Andhra Pradesh; HashCash Consultants; HEAL Alliance; iEx.ec; Lazarski University; Loyyal Corporation; MadHive; Mattr; NetObjex Inc.; OTP Bank Plc.; QIWI Blockchain Technologies LLC.; Revelry; RISKebiz; Scotiabank; Streami Inc.; Talkcrypto.org; Technical University of Munich; Texcent Asia Pte Ltd; TIS R&D Center, Inc.; TokenCard/Monolith; Ventured as well as Ypse information technology Solutions.
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