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Enterprise Ethereum Alliance Wikipedia

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 >>

Major Banks And Tech Companies Form The Enterprise Ethereum Alliance

Major Banks And Tech Companies Form The Enterprise Ethereum Alliance

Major Banks and Tech Companies Form the Enterprise Ethereum Alliance Major financial and technology firms have teamed up with blockchain startups to form the Enterprise Ethereum Alliance (EEA). The organization 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. The founding members of the Enterprise Ethereum Alliance rotating board include Accenture, Banco Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, IC3, Intel, J.P. Morgan, Microsoft, and Nuco. Additional founding members include AMIS, Andui, BBVA, brainbot technologies, BP, Chronicled, Credit Suisse, Cryptape, Fubon Financial, ING, The Institutes, Monax, String Labs, Telindus, Tendermint, Thomson Reuters, UBS, VidRoll, and Wipro, among others. Ethereum is already one of, if not the, most widely used technologies for developing and deploying enterprise blockchains. Enterprises love the availability of open-source implementations, a single standard, the rapidly growing developer ecosystem, and availability of talent. But enterprises expect resilient secure systems and a robust controls environment. EEAaims to bring these together, both to provide enterprises the forum they need and also to advance Ethereum generally, said Jeremy Millar, founding board member of EEA. Ethereum Chief Scientist and Inventor Vitalik Buterin commented:The Enterprise Ethereum Alliance project can play an important role in standardizing approaches for privacy, permissioning and providing alternative consensus algorithms to improve its usability in enterprise settings, and the resources the project and its 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 >>

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 >>

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 Introduction

Ethereum Introduction

"Ethereum transactions perform financial and database operations contingent on the evaluation of more complex computational scripts." TrueBit Let's briefly breakdown what those terms mean. Decentralized technology uses peer-to-peer computer networks (there's a picture below), and are not subject to the whims of a central authority such as a government or server administrator (like Google or Facebook) which can help to achieve better decision making for public good. Blockchain means that the currency is built and secured by adding and verifying blocks of transactions to blocks made previously, thus forming a "chain". Blocks added to the chain become harder and harder to crack over time, as they are verified by more nodes in the blockchain peer-to-peer network. Blockchain technology has been referred to as the Web 3.0. The world wide web (retroactively the Web 1.0) consisted of websites publishing content and users passively reading/viewing it. The Web 2.0 used user interaction, such as forums (with upvoting and commenting), reaction buttons (e.g. the Facebook reactions: likes , love, laughter, wow, sad, angry), sharing (republishing), however these interactions have no direct economic effect on the host website; users do not share in the value generated from the website. The Web 3.0 is starting to be defined as the movement away from centralization of computation power in servers which provide services to clients (known as the client-server network model ) to peer-to-peer networks and blockchains, and from centralisation of authority and sovereignty from nation-states and corporations to the networked individual . Cryptocurrency refers to a a digital currency that secures transactions with cryptographic code, which is solved through hardware computational power (known a Continue reading >>

Centra Tech. All About Cryptocurrency - Bitcoin Wiki

Centra Tech. All About Cryptocurrency - Bitcoin Wiki

Centra, found online at Centra.tech, is a cryptocurrency wallet linked with a debit card. You can use the debit card worldwide, which means you can spend your cryptocurrencies wherever cards are accepted. The company raised $5 million in its pre- ICO that took place in July. Now, theyre preparing for their main ICO throughout August and September. In addition to the debit card and wallet , Centra is launching a platform called Coin Bay, which theyve described as the worlds first Amazon style superstore that is designed to be cryptocurrency acceptable. Centra has partnered with Visa, MasterCard, and a number of banks to allow them to issue cards worldwide . They officially support 100+ countries. The organization developed several platforms that manage online transactions with cryptocurriencies. In 2017, the firm released the worlds first multi-blockchain debit card that manages cryptocurrencies in real-time. The cryptocurrencies involved currently include Bitcoin , Ethereum , ERC20 Tokens, Litecoin , Ripple , Dash , Zcash , and Monero . [2] Blockchain startup Centra Tech became a new participant of Ethereum Enterprise Alliance (EIA). This writes the Miracle.Centra Tech company develops a blockchain platform that provides users with the opportunity to buy and sell various goods for cryptocurrency. Also, users of the platform can exchange cryptocurrencies for Fiat money in real time at the current market rate. Enterprise Ethereum Alliance is a non-profit holding company, which consists mainly of large companies and well-known startups. EA aims to use technology Ethereum corporate needs, with an emphasis on such aspects as security, privacy and scalability. The organization also studies hybrid architectures within Ethereum's public and private networks. Currently, the All Continue reading >>

Here's Why Microsoft, Jp Morgan Chase And These Entrepreneurs Are All-in On Ethereum | Inc.com

Here's Why Microsoft, Jp Morgan Chase And These Entrepreneurs Are All-in On Ethereum | Inc.com

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. Recently, over 30 large corporations such as Microsoft , Intel , ING and JP Morgan Chase formed the Enterprise Ethereum Alliance (EEA.) 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.)It should be noted here that I am an advocate ofblockchain technology. In a public display of approval of this move, the price of Ether (the name for Ethereum coins that are traded) more than doubled since mid-March 2017 when the EEA was announced. Two entrepreneurs, Dan Fleyshman and Branden Hampton, predicted the jump right before it happened. 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 "significant risk" to consumers. The most interesting part about Ehtereum for me personally, is that I think entrepreneurs are the ones that will help make it big. With all the possibilities on the coding end we will start to see more and more software applications being setup and deployed on Ethereum. Most people don't realize this, but just last year The DAO crowdfunded 11.5 million Ether ($150 m Continue reading >>

The Enterprise Ethereum Alliance Wiki : Ethtrader

The Enterprise Ethereum Alliance Wiki : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

What Does The Enterprise Ethereum Alliance Mean For A Small Time Ethereum Investor Like Myself?

What Does The Enterprise Ethereum Alliance Mean For A Small Time Ethereum Investor Like Myself?

What does the enterprise Ethereum alliance mean for a small time Ethereum investor like myself? The EEAs existence means that the whole Ethereum ecosystem will benefit because of open research/discussion about the large issues that face Ethereum before it can become widely adopted. They are currently creating standards for smart contracts, transactions and addressing requirements for privacy, security, scalability, etc. If they are successful - Ethereum may be in more demand in the future - with entities buying Ethereum to use it not only to invest. I made a video covering the whole topic of the EEA, if youre interested please check it out below! This is a huge announcement for investors and the Ethereum community as a whole because it signals widespread interest in Ethereum and confirmed investment into Ethereum application and infrastructure development from leading international software providers. It also is fair to assume that together the community can create standards for Ethereum similar to TCP/IP that would increase its usefulness. You can learn more about the altcoin industry with the Altcoin Analysis published by MLG Capital . The price of Ether is dependent on the demand in the market which is directly correlated to adoption of Ethereum as a platform to build and use Dapps. Enterprise adoption does help in exponential growth of a technology in it's nascent stage. So ideally a rise in participants in Enterprise Ethereum Alliance will have a large impact on demand and hence price of Ether. In the short run speculators and traders who jump in on these rumors also help drive up the price. However in the long term only active participation of the companies joining the alliance will help to large price rise and sustain it. The participation should translate into Continue reading >>

Ethereum. All About Cryptocurrency - Bitcoin Wiki

Ethereum. All About Cryptocurrency - Bitcoin Wiki

Ethereum was initially described in a white paper by Vitalik Buterin, a programmer involved with Bitcoin Magazine , in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language. At the time of public announcement in January 2014, the core Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. [3] Formal development of the Ethereum software project began in early 2014 through a Swiss company, Ethereum Switzerland GmbH (EthSuisse). Subsequently, a Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale during JulyAugust 2014, with the participants buying the Ethereum value token (ether) with another digital currency, bitcoin . While there was early praise for the technical innovations of Ethereum, questions were also raised about its security and scalability. Several codenamed prototypes of the Ethereum platform were developed by the Foundation, as part of their Proof-of-Concept series, prior to the official launch of the Frontier network. "Olympic" was the last of these prototypes, and public beta pre-release. The Olympic network provided users with a bug bounty of 25,000 ether for stress testing the limits of the Ethereum blockchain. "Frontier" marked the tentative experimental release of the Ethereum platform in July 2015. [4] Since the initial launch, Ethereum has undergone several planned protocol upgrades called milestones, which are important changes affecting the underlying functionality and/or incentive structures of the platform. "Homestea Continue reading >>

The Enterprise Ethereum Alliance Is Formed - Microsoft, Intel, Jp Morgan, Startups Join

The Enterprise Ethereum Alliance Is Formed - Microsoft, Intel, Jp Morgan, Startups Join

You are here: InfoQ Homepage News The Enterprise Ethereum Alliance is Formed - Microsoft, Intel, JP Morgan, Startups Join The Enterprise Ethereum Alliance is Formed - Microsoft, Intel, JP Morgan, Startups Join 7Followers on Mar 06, 2017. Estimated reading time: 2 minutes | A note to our readers: You asked so we have developed a set of features that allow you to reduce the noise: you can get email and web notifications for topics you are interested in. Learn more about our new features . In a recent blog post , Microsoft announced their participation in the newly formed Enterprise Ethereum Alliance . Joining them are also companies such as Intel, J.P. Morgan, BNY Mellon, BP, ING, Thomson Reuters and blockchain startups. The mission for this alliance is to: Learn from and build upon the only smart contract supporting blockchain currentlyrunning in real-world production and todefine enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business. Image Source: Ethereum is an open-source, blockchain-based computing platform that enables a distributed ledger for storing value across all nodes participating in the network. It also enables smart contracts which are code executable agreements across parties. The public blockchain initially launched in July, 2015 and, as of this writing, has a market cap of approximately $1.7 billion (USD) . In June, 2016 Microsoft released a whitepaper called Project Bletchley and subsequently launched the blockchain-as-a-service ecosystem in September, 2016. Some of the goals of Project Bletchley include bringing middleware services to blockchain that allows customers to integrate other services, such as identity and smart contracts. One of these middleware services is a Cryptlets which a Continue reading >>

The Possibilities And The Enterprise Ethereumalliance

The Possibilities And The Enterprise Ethereumalliance

The Possibilities and the Enterprise EthereumAlliance In October, 2016, JP Morgan Chase unveiled Quorum, an effort to extend blockchain technology with A permissioned implementation of Ethereum supporting data privacy . The point of the permissioned aspect was that it could allow interaction between public and private ( permissioned) blockchains . Whether it worked or not (I have only glanced at the code, not tried to run it) this shows something significant about how financial companies think about blockchain technology. Private blockchains, run by single companies like JP Morgan Chase, give those companies control over their own and their customers transaction data. Among other things, that control makes it possible for them to protect clients privacy. Registering transactions on a public blockchain, which will have many more nodes attached, gives them more security. Building this on top of Ethereum, a smart contract platform, shows that they have more in mind than simply sending money from account A to account B. Good to know. On February 28, 2017, the announcement of the formation of the Enterprise Ethereum Alliance (EEA) showed the next step. EEA is a consortium of established companies, startups and even non-profits, that intend to work together to enhance Ethereum and the systems that surround it so that they are suitable for enterprise-grade applications. More or less by definition enterprise-grade applications must be able to smoothly handle high transaction volumes, while conforming to known standards of behavior. Standards are important for interoperability and auditability. Well come back to this point in a bit. Quorum is one of the things the folks at the EEA point to as an example of the technology they are building. JP Morgan is one of the founding membe Continue reading >>

Enterprise Ethereum Alliance Launches Three New Work Groups

Enterprise Ethereum Alliance Launches Three New Work Groups

Enterprise Ethereum Alliance Launches Three New Work Groups Ethereum-based blockchain initiative Enterprise Ethereum Alliance (EEA) has recently launched three new member-driven working groups in digital identity, energy, and multiplatform interoperability. EEA was founded with the aim of integrating the Ethereum blockchain into the enterprise sector. The company researches security and privacy, and also focuses on hybrid architectures that relate to both public and permissioned Ethereum networks. A third and last emphasis is given to industry-specific application layer working groups. The organization was launched last February and now it has seventeen working groups and committees. Each of these working groups has a specific task in the development of Ethereum-based technology. The three groups are the Digital Identity Working Group, theEnergy Working Group, and the MultiPlatform Working Group. The first will research and form a general understanding of Ethereum in the digital identity space and to develop a taxonomy that is widely accepted and practised in the technology industry. The second is focused on defining standards around Ethereum blockchain implementations in different traditional energy sectors oil and gas, mining, refining, trading, and utilities. The third group will develop the existing Ethereum platform and make it suitable for multiple operating systems and physical hardware. EEA founding board member Jeremy Millar commented: EEAs member-driven working groups focus on solving the real-world challenges of deploying and using Ethereum in the enterprise. The output of the working groups is a key component of EEAs mission and active participation is something our members find valuable to their businesses. Identity, energy and multiplatform interoperabili Continue reading >>

Enterprise Ethereum Alliance Adds Americas Biggest Law Firm And 39 Other Companies, 14 More Join Hyperledger

Enterprise Ethereum Alliance Adds Americas Biggest Law Firm And 39 Other Companies, 14 More Join Hyperledger

Jones Day, the biggest law firm in the United States, has joined theEnterprise Ethereum Alliance (EEA) alongside 39 other new companies, EEA announced. That bringing the total to 335 according to our count, including many other brands that have previously joined, such as Toyota, Microsoft, Samsung, BP, many banks, and far too many others to mention. Initial members of Ethereum Enterprise Alliance. Another noteworthy new entrant is Tibco Software, which according to Wikipedia is an American company that provides integration, analytics and event-processing software for companies, including Western Union. While Nori, which runs a carbon removal market place to reverse climate change, shows just how diverse are the very different interests of companies interested in this space. The Enterprise Ethereum Alliance aims to implement a private blockchain based enterprise version of etherums public blockchain to serve the needs of global brands, start-ups and others. They closely work with ethereums wider space as shown by their hosting ofJez San, founder of FunFair, at their London Meet-up today where San will discuss how they are using Fate Channels as a variation of state-channels to facilitate fast micropayments on the blockchain. While at their New York City Meet-up they hadTruSet, a spoke of ConsenSys, which presented a demo that shows how member nodes can publish, validate, reach consensus, and consume a bond reference data record on the Ethereum blockchain. Hyperledger, the second biggest open source private blockchain consortium, has also announced the addition of 14 new members, bringing their total to231 organizations in over 25 countries. The accelerating pace of growth and adoption of Hyperledger across industries and geographies underscores the power of our communit Continue reading >>

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