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Enterprise Ethereum Alliance Nyc

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Worlds Largest Blockchain Initiative Appoints First Executive Director Ron Resnick, Experienced Association Executive Instrumental in Rollout of 4G Wireless Broadband, To Lead 200-member Enterprise Ethereum Alliance NEW YORK, N.Y., USA January 17, 2018 The Enterprise Ethereum Alliance ( EEA ), the worlds largest open-source blockchain initiative , announced the appointment of its first Executive Director today. Ron Resnick assumes his leadership position at the over 200-member organization immediately and will host an EEA event during the World Economic Forum in Davos, Switzerland on January 23, 2018 from 17:30 pm 19:30 pm. Resnick was instrumental in the successful rollout of 4G wireless broadband as President and Chairman of the Board of the WiMAX Forum. Most recently, he led the AirFuel Alliance as its President and Chairman. 4G wireless broadband changed the world. We believe blockchains will have a similar impact on society. Rons task as our first Executive Director is to build-out the organization, engage with members and foster the continued development of technical content, said Julio Faura, chairman of the board, EEA. EEAs explosive growth in less than a year has mirrored many organizations increasing interest in and deployment of enterprise blockchains. Ron has the experience and background to guide EEA through this period of rapid growth and expansion. Resnick is a business development professional with over 25 years of experience growing high technology businesses and their ecosystems. He has a unique combination of executive, technical, financial and business development experience. Before joining EEA, he served as President and Chairman of the Air Fuel Alliance. The Air Fuel Alliance was formed by the merger of Alliance for Wireless Power and Power Matter 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 >>

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 Crypto Mining Up 8,500% Last Year: Report 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 enterprise-grad Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Ethereum's intrinsically trusted system is the most promising solution for enterprise Blockchain adoption, given its maturity and multi-purpose design. Privacy and Performance improvements will be mandatory to achieve enterprise-ready status and will be the focus of Enterprise Ethereums roadmap. In partnership with the dedicated and robust Ethereum community, Enterprises are coming together to produce the industry standard, open source, free to use blockchain solutions that will be the foundation for businesses going forward. This form needs Javascript to display, which your browser doesn't support. Sign up here instead Continue reading >>

Origintrail Partnered Up With Enterprise Ethereum Alliance And Blockchain For Social Impact Coalition By Consensys

Origintrail Partnered Up With Enterprise Ethereum Alliance And Blockchain For Social Impact Coalition By Consensys

We are building the first purpose-built protocol for supply chains based on blockchain. OriginTrail partnered up with Enterprise Ethereum Alliance and Blockchain for Social Impact Coalition by ConsenSys It is our honor to announce that OriginTrail, the first blockchain agnostic purpose-built protocol for supply chains became a full member of Enterprise Ethereum Alliance (EEA) (supply chain working group) and Blockchain for Social Impact Coalitions by ConsenSys . OriginTrail became a member of The Enterprise Ethereum Alliance (EEA) association, which connects Fortune 500 enterprises (including Accenture, BP, Microsoft, ING, Intel, JP Morgan and others), startups, academics, and technology vendors with Ethereum subject matter experts. It aims to share knowledge and experience to and build upon the only smart contract supporting blockchain currently running in real-world production Ethereum to define enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business. OriginTrail joined EEA as a member of the EEA Supply Chain Working Group. The group focuses on ideating, creating proofs-of-concept (POCs), and collaborating on ways to solve pain points existing in supply chain with blockchain solutions. About Blockchain for Social Impact Coalition by ConsenSys The Blockchain for Social Impact Coalition is an initiative of ConsenSys , a venture production studio based in Brooklyn, NY. Blockchain for Social Impact Coalition (BSIC) incubates, develops, and implements confederated blockchain products and solutions that can address social and environmental challenges across the United Nations Sustainable Development Goals . It aims to inspire, federate, and create bridges between NGOs, and government agencies, foundations, impa Continue reading >>

State Of Illinois Joins The Enterprise Ethereumalliance

State Of Illinois Joins The Enterprise Ethereumalliance

State of Illinois Joins the Enterprise EthereumAlliance Enterprise Ethereum Alliance expands dramatically announcing 86 newmembers NEW YORK, NY; May 22nd, 2017 Enterprise Ethereum Alliance (EEA), a newly formed enterprise collaboration focused on Ethereum blockchain technology, is pleased to announce the addition of over 86 new companies to its membership with many continuing to onboard and be announced in the upcoming months. 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 1.0. The new members of EEA include Access, Adapt Forward, Alchemy Limited, AlphaPoint, Antony Welfare, Aquarius Capital Management, AutoBoard Systems, Axcent LLC, Bancor, BigchainDB, Blk Technologies, Blockchain Hub Limited, BlockCypher, Brian Ray, Broadridge, CareChain, CCA, Clause, Clearmatics Technologies, Clozer Technologies, CoinFund, Coinplug, ConsenLabs, Consensus Base, Couger, CryptoMKT, CYPHA GmbH, Dapps.ai, Datarella, DeliverThat, De Cooperatieve Rabobank U.A, Deloitte, The Depository Trust & Clearing Corporation (DTCC), DigixGlobal, Dinosaur Dog, ElectricChain, Elevondata Labs Inc., Etherisc, Fundacion CTIC Centro Tecnologico, Gem, Global Consent Limited, Global Trade Guardian LexEcon Consulting Group, Hashed Health, Hijro, Illinois Department of Financial and Professional Regulation, Infosys, InGauge Trading Technologies Inc., Ian Pilon, Infrachain Asbl, Intelligenter ReDevelopment, ING, iPaynow, Jiangsu Huaxin Blockchain Research Institute, Kaula, Ledger, Libra, Melonport, Merck KGaA, Darmstadt, Germany, MME, Mitsubishi UFJ Financial Group, Model Communities Association, Musicoin, National Bank of Canada, Noah Per Continue reading >>

Eea Nyc Meetup | New York Enterprise Ethereum Alliance Meetup (new York, Ny) | Meetup

Eea Nyc Meetup | New York Enterprise Ethereum Alliance Meetup (new York, Ny) | Meetup

Blockchain technology is useful for more than just simply digital currencies like ether and bitcoin. Relying on a blockchain, parties can also deploy autonomous smart contract programs, which can be used to model all or parts of formal legal agreements. During this meetup, we'll explore how blockchain technology is being used to increasingly automate legal agreements, issues related to enforceability of smart contracts, machine-to-machine contracting, and whether existing laws like the E-Sign Act, ESRA, and UETA are sufficient to address enforceability concerns. Stuart D. Levi is co-head of Skaddens Intellectual Property and Technology Group, and coordinates the firms outsourcing and privacy practices. Mr. Levi has a broad and diverse practice that includes outsourcing transactions, technology and intellectual property licensing, privacy and cybersecurity advice, fintech and blockchain matters, branding and distribution agreements, cloud computing agreements, technology transfers, strategic alliances and joint ventures. His background in computer science, data privacy and the information technology industry allows Mr. Levi to understand the technology and business drivers underlying agreements and transactions in these areas. David M. Adlerstein is counsel in the Corporate Department at Wachtell, Lipton, Rosen & Katz. His practice focuses on mergers and acquisitions, corporate, securities law and regulatory matters, with a focus on financial institutions. Mr. Adlerstein has worked on a broad array of public and private company acquisitions, divestitures, proxy contests, securities offerings and corporate governance matters. He also provides counsel to several nonprofit organizations on a pro bono basis. Andrea Tinianow is the Chief Innovation Officer for Global Kompass Continue reading >>

Enterprise Ethereum And The Future Of Blockchains

Enterprise Ethereum And The Future Of Blockchains

ENTERPRISE ETHEREUM & THE FUTURE OF BLOCKCHAINS A Panel Discussion Featuring: JP Morgan, ConsenSys, Monax, BlockApps and BNY Mellon The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors to define enterprise-grade software to build upon the only smart contract supporting blockchain currently running in real-world production Ethereum. Come for a Panel Discussion by the key players in the Alliance, and learn what the near term goals are for Enterprise Ethereum and its use cases. The relationship between Enterprise Ethereum and the public Ethereum blockchain How the private side supports the public chain and vice versa The technologies currently being built and their use cases Their vision for the future and how they'll get there Chris Dannen - Iterative Instinct - Founder and Partner - @chrisdannen Amber Baldet - JP Morgan - Blockchain Program Lead - @AmberBaldet Vanessa Grellet - ConsenSys - Executive Director Enterprise & Social Impact - @VanessaGrellet_ Preston Byrne - Monax - COO - @prestonjbyrne Kieren James-Lubin - BlockApps - Co-Founder/CPO - @kjameslubin Allison Paz - BNY Mellon - Vice President of Enterprise Sales - @apnerdette Continue reading >>

Ethereum Enterprise Alliance Adds 86 New Members Including Dtcc, State Street And Infosys

Ethereum Enterprise Alliance Adds 86 New Members Including Dtcc, State Street And Infosys

Ethereum Enterprise Alliance Adds 86 New Members Including DTCC, State Street And Infosys {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe The Ethereum Enterprise Alliance , an initiative to standardize a business version of Ethereum that launched in February, announced that it has added 86 new members, including heavyweights such as the DTCC, State Street, Infosys, Deloitte, MUFG, Toyota Research Institute and Broadridge. They join original members Microsoft, JPMorgan Chase, Bank of New York Mellon, Intel, UBS, Accenture and others, bringing the EEAs total membership to 116. A number of blockchain startups that have so far focused on public blockchains such as BlockCypher, Etherisc, have also joined, perhaps reflecting members desire that private blockchains eventually connect to public ones, which would help each side build its network effect. The Zerocoin Electric Coin Company, which launched the privacy coin Zcash, also joined. The EEA plans to integrate a version of Ethereum called Quorum that JPMorgan Chase has been testing for international transfers and privacy features. Ethereum is a network similar to bitcoins that is focused on smart contracts. It uses a distributed ledger that can act as a single version of the truth, with copies held by multiple parties, rather than each player holding its own ledger, each of which has to be reconciled with everyone elses. The additional members give the EEA a size that puts it on par with a similar project, the 130-member Linux Foundations global Hyperledger, which c Continue reading >>

Marsh Joins Enterprise Ethereum Alliance To Support Open Source Blockchain Standards

Marsh Joins Enterprise Ethereum Alliance To Support Open Source Blockchain Standards

Marsh Joins Enterprise Ethereum Alliance to Support Open Source Blockchain Standards Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. Marsh said it is the first insurance broker to be part of the EEA, which includes some of the worlds leading organizations in technology, financial services, health care, energy, manufacturing, and a number of fast-growing startups. As a member of the EEA, Marsh will play a role in the Insurance Working Group and the Digital Identity Working Group, collaborating with the alliance members in driving the adoption of blockchain applications, the broker said in a statement. We see the potential of blockchain technology as having a game-changing impact on the risk management and insurance industry one that enables the creation of new business models, products, and platforms that better serve our clients in the new economy, said Sastry Durvasula, chief digital officer and chief data & analytics officer, Marsh. By joining the EEA, we will be able to collaborate with other members to explore new solutions and disruptive use cases, while participating in the evolution of Ethereum into enterprise-grade blockchain technology, Durvasula added. Marsh also recently joined The Institutes RiskBlock Alliance , a risk management and insurance industry enterprise-level blockchain consortium that seeks to leverage the blockchain to lower industry transaction costs while increasing the speed and security of data transfers among customers, industry stakeholders and third parties. The EEA is an industry-supported, not-for-profit established t Continue reading >>

Enterprise Ethereum Alliance Becomes Worlds Largest Open-source Blockchain Initiative

Enterprise Ethereum Alliance Becomes Worlds Largest Open-source Blockchain Initiative

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 ; 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 and Ypse IT Solutions . "EEA's 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." 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. 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 and is 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 corporat Continue reading >>

Business Giants To Announce Creation Of A Computing System Based On Ethereum

Business Giants To Announce Creation Of A Computing System Based On Ethereum

DealBook |Business Giants to Announce Creation of a Computing System Based on Ethereum Microsoft is among the companies set to form the Enterprise Ethereum Alliance an organization that will create a standard version of Ethereum software for businesses to use for tracking data and financial contracts. Credit George Etheredge for The New York Times SAN FRANCISCO Microsoft , JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum. Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts. The new organization, a nonprofit, is part of a broader movement to harness the technological concept known as the blockchain, which was introduced to the world by Bitcoin. Blockchains offer a way for unrelated computers and companies to simultaneously collect and store information without relying on a central authority, similar to the way that Wikipedia is written and maintained by a group of writers and editors rather than a single author. Many big corporations have been looking for ways to use blockchain technology to keep track of information created by unrelated companies, like stock and bond trading transactions. IBM has made a particularly big push into the blockchain business, and it has been leading a separate collaborative project, known as the Hyperledger Foundation. The new Ethereum alliance has been described by some of its backers as a way to ensure that the IBM-led blockchain effort is not the only option for businesses looking to use the technology. Other companies like R3 and Chain have also been de Continue reading >>

Big Corporates Unite For Launch Of Enterprise Ethereum Alliance

Big Corporates Unite For Launch Of Enterprise Ethereum Alliance

Big Corporates Unite for Launch of Enterprise Ethereum Alliance Feb 28, 2017 at 08:56 UTC|UpdatedMay 20, 2017 at 21:59 UTC A group of global enterprises representing the oil and gas industry, the financial sector and software development firms will todayformally launch the Enterprise Ethereum Alliance, dedicated to developing ethereum into an enterprise grade blockchain. Comprised of British oil giant BP, bulge-bracket bank JP Morgan, software developer Microsoft, India IT consultancy Wipro, and about 30 other diverse firms, the group aims to reimagine the consortium model as a non-profit, donation-based system. If successful, the model could have ripple effects for other fees-based structures. Expected to be formally revealed today at an event in New York City, the Alliance is designed in one sense to more closely align with the open-source philosophy of its founder Jeremy Millar, while also giving large corporations and small startups alike a stronger sense of accountability for their investment in the technology. At stake is more than the dollars of potential customers being spread across a rapidly growing numberof consoritia working to leverage DLT technology- there's also increasingly toughsearch for talent to build actual applications. "The goal of the Enterprise Ethereum Alliance is to align the various interest groups, the users, the startups, the large technology platforms, to a single roadmap so that we can take those steps together." First reported by CoinDesk in January, we now know the Enterprise Ethereum is a 501 (c) (6) non-profit organization incorporated in New York City. With the same non-profit status set aside for so-called 'business leagues', such as chambers of commerce, the goal of the alliance is to build out a series of standards for ethereum i Continue reading >>

Ethereum: Jpmorgan, Microsoft, Banks Form Blockchain Alliance | Fortune

Ethereum: Jpmorgan, Microsoft, Banks Form Blockchain Alliance | Fortune

Get Data Sheet , Fortunes technology newsletter. The Ethereum alliance arrives as a challenger to several other extant blockchain ventures. The R3 consortium, for example, counts scores of partnering banks among its members, despite recent high-profile departures by Goldman Sachs , Santander, and Morgan Stanley . It has created Corda, its own take on a blockchain. IBM (ibm) , meanwhile, has spearheaded another initiative known as the Hyperledger Project, part of the non-profit Linux Foundation. That group maintains the fabric blockchain codebase, which as been used in supply chain trials with Wal-Mart (wmt) . Much of the interest to date from traditional financial firms involves private blockchains, meaning permission from an authority is required before a party can join the network. The original versions of Bitcoin and Ethereum have public networks that anyone can join. (At press time, the market caps of their cryptocurrencies were approximately $19 billion and $1.4 billion, respectively.) Alex Batlin, blockchain lead at Bank of New York Mellon, said that while the Ethereum alliance will focus on the development of private blockchains, the hope is that these will one day link up with the public Ethereum blockchain, which is open to all. That interconnection of public and private chains actually creates a very strong network, Batlin said on a call with Fortune. Each chain strengthens the other at an exponential level. In the view of its proponents, Ethereums public and private networks will become analogous to intranets versus internets; they will share standard protocols, but have different configurations for privacy and security, depending on each organizations needs. Members of the Ethereum alliance include Accenture, BBVA, BNY Mellon, BNP Paribas, BP, Cisco , Credi Continue reading >>

Jpmorgan, Microsoft, Intel And Others Form New Blockchain Alliance

Jpmorgan, Microsoft, Intel And Others Form New Blockchain Alliance

February 27, 2017 / 10:53 PM / a year ago JPMorgan, Microsoft, Intel and others form new blockchain alliance NEW YORK (Reuters) - JPMorgan Chase & Co ( JPM.N ), Microsoft Corp ( MSFT.O ), Intel Corp ( INTC.O ) and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems. An advertisement is played on a set of large screens at the Microsoft office in Cambridge, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder The Enterprise Ethereum Alliance (EEA) will work to enhance the privacy, security and scalability of the Ethereum blockchain, making it better suited to business applications, according to the founding companies, which said they plan to announce the initiative on Tuesday. Members of the 30-strong group also include Accenture Plc ( ACN.N ), Banco Santander ( SAN.MC ), BP Plc ( BP.L ), Credit Suisse Group AG ( CSGN.S ), UBS Group AG ( UBSG.S ), Banco Bilbao Vizcaya Argentaria ( BBVA.MC ), ING Groep NV ( INGA.AS ), Bank of New York Mellon Corp ( BK.N ) , Thomson Reuters Corp ( TRI.TO ) and startups ConsenSys and BlockApps. The EEA joins a growing list of joint initiatives by large companies aiming to take advantage of blockchain, a shared digital record of transactions that is maintained by a network of computers rather than a centralized authority. Companies in a wide range of industries are hoping that it can help them streamline some of their processes, such as the clearing and settling of financial securities. About 70 financial firms are involved with a R3 CEV, a New York-based startup focused on developing blockchain technology for the finance industry, while technology firms such as Continue reading >>

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