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Enterprise Ethereum Alliance Adds 48 New Members

Enterprise Ethereum Alliance Adds 48 New Members

Enterprise Ethereum Alliance Adds 48 New Members Oct 18, 2017 at 16:05 UTC|UpdatedOct 18, 2017 at 16:05 UTC Forty-eight companies have joined the Enterprise Ethereum Alliance, including Hewlett-Packard spin-off HP Enterprise (HPE). The list of new members is varied, drawn from the blockchain startup ecosystem as well as the IT, finance and academic worlds. Among the new members is the University of New South Wales, which this week unveiled a new consumer loyalty research initiative that sees it offering the cryptocurrency ether as a reward for purchases. In total, 200 firms are now taking part in the initiative. It's perhaps unsurprising that HPE would throw its weight behind the EEA, given its recent moves around the technology. As previously reported, HPE worked with distributed ledger startup R3 to develop new solutions for its client base, and by August had already begun testing with some of its customers. Markus Ogurek, HYPE's global financial services industry lead, said in a statement: "Joining the EEA is a significant step for Hewlett Packard Enterprise in making blockchain enterprise-ready and accelerating our customers' journey to production." First revealed in January, the EEA formally debuted in late February with the backing of major firms like JPMorgan Chase, British Petroleum (BP), Microsoft and a number of other established companies and blockchain startups. Since then, it's attracted new members like Japanese teleccom KDDI, the government of the Indian state of Andhra Pradesh and Sberbank , Russia's largest banking firm. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidiary of Digital Currency Group, Continue reading >>

Apt Systems, Inc. Accepted As Enterprise Ethereum Alliance Member

Apt Systems, Inc. Accepted As Enterprise Ethereum Alliance Member

APT Systems, Inc. Accepted as Enterprise Ethereum Alliance Member SAN FRANCISCO, CA--(Marketwired - Nov 2, 2017) - APT Systems, Inc. ( : APTY ), a fully reporting company in the Fintech software sector, is pleased to announce that the Enterprise Ethereum Alliance has approved the Company for membership. Formed in 2017, Enterprise Ethereum Alliance (EEA) is the world's largest open source Blockchain initiative. As Blockchain expands its impact on the future of commerce, EEA continues bringing attention to ledger technology. APT Systems is happy to support EEA's goals to connect Fortune 500 companies, tech start-ups, academics and tech vendors with Blockchain subject matter experts. "The deployment of Ethereum Blockchain solutions is accelerating in the global marketplace," said Glenda Dowie, CEO of APT Systems, Inc."We are excited to be a part of the initiative that will help drive enterprise Ethereum standards as well as a community of early adopters that will build the next generation of smart contracts." We anticipate the technology will accelerate banking and trade settlements, improve transparency in supply chains and eliminate the need for third-parties by offering transaction efficiency without centralized control.Participants in the systems will also benefit from higher levels of security.EEA Members will have access to open source code and experts with global reach. For those unfamiliar, Blockchain is the technology that allows Bitcoin, Ethereum and other digital currencies to be openly traded, anonymous, and secure. It is a master ledger or database of all transactions. This ledger contains metadata about when and how each transaction occurred, which is open to all members of a given network, and is cryptographically secured to prevent tampering. About Ethereu Continue reading >>

Everything You Need To Know About Ethereum

Everything You Need To Know About Ethereum

Everything You Need to Know About Ethereum From catalysts to concerns, here's your one-stop guide to all things Ethereum. Cryptocurrencies have been unstoppable this year. When the calendar does finally change to 2018, this year could go down as the single greatest year of gains for any asset group that investors have ever seen. Cryptocurrencies take center stage in 2017 When the year began, the aggregate value of all cryptocurrencies combined was $17.7 billion. As of Dec. 17, the more than 1,300 tradable cryptocurrencies had a combined market cap of $594 billion. For you math-phobic people, that's a return of more than 3,200%, which has taken the S&P 500 decades to deliver to investors. In fact, many of the largest cryptocurrencies have left even the best-performing stocks in the dust this year -- so much so that a side-by-side chart comparison between a virtual currency and a traditional equity makes the return of the equity look like a flat line. Bitcoin is often credited as being the driving force behind the march higher in digital currency, and with good reason. It's the world's most popular digital currency with merchants, and was also the first tradable cryptocurrency. It also doesn't hurt that bitcoin comprises nearly 55% of the aforementioned $594 billion market cap. It has a ton of influence over the movement of virtual currencies. However, the bizarre truth is that bitcoin has drastically underperformed its peers in 2017. Though its coin has rallied to nearly $20,000 after beginning the year at $967, many of the top 10 cryptocurrencies by market cap have gains of 6,000% to over 10,000% year to date. Virtual currencies not named "bitcoin" is where the interest and action has been all year. And arguably at the top of the list of most popular non-bitcoin crypto Continue reading >>

Amd, Ey, Kaspersky, Pfizer And 80 Others Join The Enterprise Ethereum Alliance

Amd, Ey, Kaspersky, Pfizer And 80 Others Join The Enterprise Ethereum Alliance

AMD, EY, Kaspersky, Pfizer and 80 Others Join the Enterprise Ethereum Alliance The worlds biggest collaboration on blockchain technology of corporations, universities, banks, start-ups and even some governments, has added more than 80 new members according to an announcement by the Enterprise Ethereum Alliance (EEA). That includesAdvanced Micro Devices (AMD), which saw their GPUs go out of stock last year as they became a very valuable mining commodity following a boom the likes of which this space has never seen. AMD has made no statement on their joining of the alliance, but the act does seem to signal they are now at least partially focusing on this space after seeing their sales and their stock price increase, in part due to ethereum mining: Kaspersky Labs is a curious new member, as is in many ways Pfizer, the pharmaceuticals giant. What either hopes to achieve from the membership is unknown, but blockchains application is so wide, including supply chains and record-keeping, with some aspects of it potentially useful for the health giant. The Royal Bank of Canada, their biggest bank, has also joined. As well as the Government of Gibraltar itself. Together with SK Telecom, South Koreas largest wireless carrier. This is probably the worlds biggest collaboration in history between so many diverse industries, but what are they trying to achieve? Exact details are sparse, but in broad terms they are in effect trying to get ready for the mass use of blockchain technology which remains at an early stage. They are thus trying to strengthen and improve it so when the tech is enterprise level ready they have the knowhow and perhaps a slight advantage to race to the market. They are doing so through what wed consider a transitional path. It is probable they all realize event Continue reading >>

Ethereum Soars To New All-time High Above $440

Ethereum Soars To New All-time High Above $440

Ethereum soars to new all-time high above $440 The price of ether hit an all-time high of $445 Friday morning, according to data from Markets Insider. The digital currency is up more than 5,200% year-to-date. The price of ether, the scorching-hot rival to bitcoin, soared to an all-time high above $445 Friday morning, up more than 9% against the US dollar. The new high follows a record-setting day for the cryptocurrency on Thursday when it broke through $400 for the first time since June. Ether has flown under the radar since June, trading close to $300 until the beginning of November when it began to tick up. It is up more than 5,200% year-to-date. Friday's record followed a bullish prediction about the digital currency by Michael Novogratz, the famed hedge funder turned crypto-investor. Just in the last few days ethereum has started to move, and I actually think its going to put a new high soon, Novogratz told Bloomberg News on Tuesday . He also predicted the price of ether will hit $500 before the end of the year. Theres a lot of positive things happening in the ethereum ecosystem, Novogratz added. Hundreds of companies - including JPMorgan, Santander, and UBS - are members of the Enterprise Ethereum Alliance , a collaborative group seeking to leverage ether's ethereum blockchain for purposes outside the world of digital currencies. Ethereum is also the blockchain on which companies run initial coin offerings, the cryptocurrency-based fundraising method, which this year have raised more than $3 billion for tech startups. Continue reading >>

Ethereum - Wikipedia

Ethereum - Wikipedia

This article has multiple issues. Please help improve it or discuss these issues on the talk page . This article relies too much on references to primary sources . Please improve this by adding secondary or tertiary sources . Some of this article's listed sources may not be reliable . Please help this article by looking for better, more reliable sources. Unreliable citations may be challenged or deleted. The Ethereum Project's logo, first used in 2014 Ethereum is an open-source , public, blockchain -based distributed computing platform featuring smart contract (scripting) functionality. [2] It provides a decentralized Turing-complete virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. [3] "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. [2] [4] Ethereum was proposed in late 2013 by Vitalik Buterin , a cryptocurrency researcher and programmer. Development was funded by an online crowdsale between July and August 2014. [5] The system went live on 30 July 2015, with 11.9 million coins "premined" for the crowdsale. [6] This accounts for approximately 13 percent of the total circulating supply. In 2016, as a result of the collapse of The DAO project, Ethereum was forked into two separate blockchains - the new forked version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). [7] [8] [9] Ethereum was initially described in a white paper by Vitalik Buterin , [10] a programmer involved with Bitcoin Magazine , in late 2013 with a goal of buildin Continue reading >>

What Is The Enterprise Ethereum Alliance?

What Is The Enterprise Ethereum Alliance?

What Is The Enterprise Ethereum Alliance? By Rakesh Sharma | March 3, 2018 6:30 AM EST Coinbase Adds Support for Ethereum-based ERC20 Tokens In the pantheon of cryptocurrencies, Ethereum s ether is right near the top. Much of its promise is based on the ethereum blockchains smart contract capabilities. Put simply, smart contracts enable parties to conduct transactions and exchange value amongst themselves using ethereum. Such transactions may not be limited to the finance industry. For example, ethereums blockchain can streamline transactions in commercial real estate by providing a simplified and quick view of important snapshot of important information, such as credit history and property details, to expedite the process. (See also: Understanding The Reasons Behind Ethereum's Price Rise ). Despite the obvious utility of ethereums blockchain to multiple sectors, industry adoption has been slow. In a recent CNBC interview, ethereum co-founder Joseph Lubin said the attitude of businesses to blockchains was similar to their response to the Internet during the mid-1990s. "We are seeing them getting their toes a little bit wet in a private, provisional context, he said. Part of the reason for this is the philosophical disconnect between the two. Ethereumis built on a philosophy of transparency and decentralized authority, as opposed to large corporations, which have constructed hierarchies and permissioned access for their information systems. Reconciling the two perspectives from an operational and technical perspective requires work of an order of magnitude. (See also: Are Smart Contracts The Best Of Blockchain? ) The Ethereum Enterprise Alliance (EEA) is a start. As its name denotes, the alliance is built to customize ethereum for industry players. It aims to define ent Continue reading >>

Enterprise Ethereum Alliance Becomes Worlds Largest Open-source Blockchain Initiative

Enterprise Ethereum Alliance Becomes Worlds Largest Open-source Blockchain Initiative

Enterprise Ethereum Alliance Becomes Worlds Largest Open-source Blockchain Initiative 150 new organizations join the Enterprise Ethereum Alliance - discover who they are. Total membership exceeds 150 organizations The Enterprise Ethereum Alliance (EEA) announced today that 34 organizations have joined the Blockchain industry group since late May. This brings the total membership to over 150 organizations added since the groups launch in February of this year. Composed of forward-looking enterprises and Blockchain innovators, EEA is an industry-supported, nonprofit established to build, promote and broadly support Ethereum-based technology best practices, open standards and open source reference architectures. EEA is now the worlds largest open-source Blockchain initiative. EEAs newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing and insurance, as well as a number of fast-growing Ethereum startups. EEAs rapid growth in membership mirrors the accelerating acceptance and deployment of Ethereum Blockchain solutions in the global marketplace, said Julio Faura, chairman of the board, EEA. The technological breadth, depth and variety of organizations coming together under the auspices of EEA to create and drive enterprise Ethereum standards bodes well for the future development of the next-generation Ethereum ecosystem. The EEA was formed earlier this year, seeking to evolve Ethereum into an enterprise-grade technology. EEAs research and development is focused on privacy, confidentiality, scalability and security. The alliance is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working Continue reading >>

Startups, Banks And Tech Giants Launch Enterprise Ethereum Alliance

Startups, Banks And Tech Giants Launch Enterprise Ethereum Alliance

Startups, Banks and Tech Giants Launch Enterprise Ethereum Alliance February 28, 2017, 11:49:48 AM EDT By Christie Harkin, Bitcoin Magazine A group of blockchain startups, financial institutions and other blockchain innovators is launching the Enterprise Ethereum Alliance ( EEA ) to build, promote and broadly support Ethereum-based technology. The collective, which includes Intel, Microsoft, J.P. Morgan, Banco Santander and ConsenSys, will also launch a reference architecture, named EntEth 1.0. "This body is going to work on standardizing the technology for enterprise settings, and that will only help the public Ethereum main net," Andrew Keys, head of global business development at ConsenSys, one of the founding members, told Bitcoin Magazine. Ethereum is a public and permissionless blockchain, which means that anyone can use it for whatever they see fit. While this is useful - even needed - for certain types of applications, it is not always suited for others. In particular, financial institutions and enterprise-level organizations tend to fork Ethereum's codebase, launching their own pilot projects rather than using the Ethereum blockchain itself. Keys revealed the launch of the EEA at the Distributed: Markets conference in Atlanta, Georgia. "Enterprises are already deploying Ethereum networks. They're taking the open-source version of the protocol that's used for the permissionless next-generation of the internet," Keys told Bitcoin Magazine. "But there's a difference between the permissionless next-generation of the internet, and permissioned private networks. Our position is that these enterprises shouldn't be playing at the protocol level. They should be building applications on top. And all of this needs to be standardized." This standardization process will no Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

What's the value of crypto-coins? Learn how to invest in cryptocurrency and blockchain asset class, distributed ledger technology DLT, altcoins, crypto coins, crypto money, bitcoin, ether, litecoin, digital cash, electronic money. Enterprise Ethereum Alliance (EEA) is now the worlds largest open-source blockchain initiative. EEAs newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Building upon the only smart contract supporting blockchain currently running in real-world production Ethereum the Enterprise Ethereum Alliance defines enterprise-grade software capable of handling the most complex, highly-demanding applications at the speed of business. Composed of forward-looking enterprises and blockchain innovators, EEA is an industry-supported, non-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open source reference architectures. New EEA members include: 2Advise; Amalto Technologies; Antibiotic Research UK (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; Lazarski University; Loyal Corporation; MadHive; Mattr; NetObjex Inc.; OTP Bank Plc.; QIWI Blockchain Technologies LLC.; Revelry; RISKebiz; Scotiabank; Streami Inc.; Talkcrypto.org; Technical University of Munich; Texc Continue reading >>

Ico Debate Exposes Rift In Enterprise Ethereum Alliance

Ico Debate Exposes Rift In Enterprise Ethereum Alliance

ICO Debate Exposes Rift in Enterprise Ethereum Alliance Apr 28, 2017 at 13:35 UTC|UpdatedApr 29, 2017 at 13:41 UTC The newly launched Enterprise Ethereum Alliance (EEA)might not be as aligned as its name suggests. Launched in February , the groupof ethereum startups and enterprise institutions aims to leverage large corporate investment in the private ethereum blockchain in a way that also strengthens the public blockchain. To share more about the current state of EEA, as well asits direction going forward, several members of the group gathered at the the Rise fintech accelerator in New York. At the event, hosted by New York research and education firm Blockmatics , a panel consisting of representatives from JP Morgan, BNY Mellon, ConsensSys, Monax and BlockApps provided insight into the complexities of forming consensus with so many disparate interests. The most heated part of the eveninginvolveddiscussionof funding via cryptographictoken sales, also known as 'initial coin offerings' (ICOs) . In response to aquestion from the audience about how to conduct an ICO in a trustworthy way, Monax COOand general council Preston Byrne doubled-down on his well-known critical stance of the model, while another panelist defended it and one even did the blockchain equivalent of pleading the Fifth. Though it seems possible to craft cryptotokens in a way that would prevent them from being categorized as securities (and hence coming under more stringent controls), the end result is similar in that they let firms raise money for projects through investors. Byrne's issue with the ICO model is that it is frequently used by groups who have little more than a white paper to show the potential investors, and who rarely have proven market demand for their product. "They take a startup's inc Continue reading >>

Enterprise Ethereum Alliance: Everything You Need To Know

Enterprise Ethereum Alliance: Everything You Need To Know

Enterprise Ethereum Alliance: Everything You Need To Know By: Sudhir Khatwani In: Ethereum Last Updated: EEA The Enterprise Ethereum Alliance is the new hot topic in the blockchain and cryptocurrency world. In this article, I am going to tell you everything you need to know about the Enterprise Ethereum Alliance. As it is evident from the name, you might think that EEA has something to do with the Ethereum platform. So before jumping into EEA, I want you to understand briefly what Ethereum is. And for those of you who want an in-depth explanation of Ethereum, see our guide: Ethereum Cryptocurrency: Everything A Beginner Needs To Know . As the official Ethereum project websitesays: Ethereumis a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship, or third-party interference. Okay, let me give you a less technical definition: Ethereum is an open-source, decentralized blockchain platform for applications and smart contracts. It has its native cryptocurrency called Ether,which is a crypto-fuel to perform operations on Ethereum blockchain. Ethereum uses EVM Ethereum VirtualMachine to compile codes written in Ethereums native language, Solidity. And as the code is executed on the blockchain, it cant be manipulated or tampered with. Lets now return to the original topic ofEEA The Enterprise Ethereum Alliance. Here are articles that you should read to learn about Ethereum: The EEA official website defines itself as follows: The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Together, we will learn from and build upon the only smart contract supporting blockchain currently running in real-world production Ethereum to define Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

What's the value of crypto-coins? Learn how to invest in cryptocurrency and blockchain asset class, distributed ledger technology DLT, altcoins, crypto coins, crypto money, bitcoin, ether, litecoin, digital cash, electronic money. Enterprise Ethereum Alliance (EEA) is now the worlds largest open-source blockchain initiative. EEAs newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Building upon the only smart contract supporting blockchain currently running in real-world production Ethereum the Enterprise Ethereum Alliance defines enterprise-grade software capable of handling the most complex, highly-demanding applications at the speed of business. Composed of forward-looking enterprises and blockchain innovators, EEA is an industry-supported, non-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open source reference architectures. New EEA members include: 2Advise; Amalto Technologies; Antibiotic Research UK (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; Lazarski University; Loyal Corporation; MadHive; Mattr; NetObjex Inc.; OTP Bank Plc.; QIWI Blockchain Technologies LLC.; Revelry; RISKebiz; Scotiabank; Streami Inc.; Talkcrypto.org; Technical University of Munich; Texc Continue reading >>

The Enterprise Ethereum Alliance Just Got A Whole Lot Stronger

The Enterprise Ethereum Alliance Just Got A Whole Lot Stronger

The Enterprise Ethereum Alliance Just Got A Whole Lot Stronger The Enterprise Ethereum Alliance (EEA) is officially the largest open-source blockchain alliance in the world thanks to the latest additions, MasterCard and Cisco. Founder, angel investor, adviser, blockchain evangelist @BrianDEvans 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. The Enterprise Ethereum Alliance (EEA) is officially the largest open-source blockchain alliance in the world thanks to the latest additions, MasterCard and Cisco. The EEA recently added 34 new members to the organization that supports and backs Ethereum and related developments and initiatives. Currently there are over 150 members of the EEA with heavy hitters such as Microsoft, J.P. Morgan, the Indian government, Scotiabank, ING, Intel and others leading the pack. (It should be noted here that I am an advocate ofblockchain technology.) A lot of people are curious how MasterCard might consider utilizing Ethereum. Could there be an Ethereum based Mastercard? TenX is famous for solving the biggest problem in the cryptocurrency space, which is making cryptocurrency spendable in the real world. Even if MasterCard just officially endorsed TenX, that would be a huge win for the EEA and the community in general. Subsequently the prices of ETH (Ethereum) shot up to the $245 range yesterday as the announcement was made, from a relative low a few days before at $130. Editor's note: Bitcoin and digital currencies, as with any investment, may involve the risk of loss. The Consumer Financial Protection Bureau has warned that virtual currencies, including Bitcoin, carry "sig Continue reading >>

Petroteq Energy Announces Petrobloq's Membership In Enterprise Ethereum Alliance

Petroteq Energy Announces Petrobloq's Membership In Enterprise Ethereum Alliance

Petroteq Energy Announces Petrobloq's Membership in Enterprise Ethereum Alliance Los Angeles, CA, Dec. 04, 2017 (GLOBE NEWSWIRE) -- PetroBLOQ today announces that it has become the latest member to join the Enterprise Ethereum Alliance (EEA) , the worlds largest open-source blockchain initiative. PetroBLOQs novel blockchain-based oil and gas supply chain management platform is being co-developed by Petroteq Energy, Inc. ( TSX VENTURE: PQE ; OTCQX: PQEFF ; FRANKFURT: A2DYWC ) and First Bitcoin Capital Corp. ( OTC: BITCF ). EEAs membership represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups. EEA offers 14 industry-focused, member-driven Working Groups, including Quorum, Communications Protocol, Integration and Tools, Standards and Marketing and Communications. We are very pleased to be part of the 200-member Enterprise Ethereum Alliance, said Alex Blyumkin, CEO of Petroteq Energy. Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry. PetroBLOQ is a welcome addition to our growing community of diverse global industry experts, said Julio Faura, chairman of the board of EEA. We seek to attract a variety of organizations to help create enterprise-grade standards for Ethereum and to drive current and future development of the ecosystem to benefit all participants. Petroteq will be presenting at the 10th annual LD Micro Main Event on Wednesday, December 6th at 12:00 PM PST / 3:00 PM EST at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Petroteq's Preside Continue reading >>

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