CryptoCoinsInfoClub.com

Ethereum Enterprise Consortium

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 >>

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 >>

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 >>

Eea Releases Business Standards: The Enterprise Ethereum Architecture Stack

Eea Releases Business Standards: The Enterprise Ethereum Architecture Stack

EEA Releases Business Standards: The Enterprise Ethereum Architecture Stack The Enterprise Ethereum Alliance corporate consortium is releasing common business standards for organizations that use Ethereum. After being teased in mid-April from a London blockchain event, the day has finally arrived for the Enterprise Ethereum Alliance ( EEA ) to officially announce its highly anticipated Ethereum business standards. The Enterprise Ethereum Architecture Stack (EEAS) will serve as a guidepost for corporations, providing infrastructure tools and frameworks designed to empower the next generation of Enterprise Ethereum applications. The new EEA specifications have been under development by the EEA's technical committee, in partnership with member companies , for the past year and a half. The EEAS, as well as a forthcoming "EEA specification," both take aim at improving business transaction speeds, building even greater trust between dealing parties, and enabling more efficient business models on top of Ethereum. EEA executive director Ron Resnick told ETHNews: "By making the EEAS publicly available, companies looking to build solutions based on the Enterprise Ethereum specification now have a conceptual framework to develop enterprise Ethereum solutions. The EEA's next major deliverable, the Enterprise Ethereum specification, will integrate concepts and technologies from the public Ethereum [blockchain] with the work [conducted] by the EEA to create the Enterprise Ethereum specification. This unified approach will ensure interoperability, multiple vendors of choice, and lower costs through competition." After Ethereum component standardization permeates the Enterprise Ethereum ecosystem, the EEA plans to launch the new standards-based specification on an EEA testnet, where c Continue reading >>

Enterprise Ethereum Alliance (eea) Is Back

Enterprise Ethereum Alliance (eea) Is Back

Enterprise Ethereum Alliance (EEA) Is Back Since the Enterprise Ethereum Alliance was formed about 18 months ago, it has been below the radar. Besides the steady stream of new members, EEA has been quiet when it comes to live projects, one that has made a lot of people believe the consortium might not deliver on standards for enterprise use of Ethereum the second largest blockchain in the world. In a publication last month, the CTO of R3 (a competing Decentralized Ledger Technology (DLT) consortium, even went as far as claiming that the lack of progress shows that Ethereum is not suitable for enterprises. The Comeback of Enterprise Ethereum Alliance If competitors were willing to send this consortium to an early grave, May 2 marks the ultimate comeback of the consortium, as the organization has announced the release of a guide stating its open standards work. The consortium has swelled to over five hundred firms, ranging from financial institutions such as J.P. Morgan, Credit Suisse, and BBVA to traditional tech providers such as Microsoft and to blockchain startups. The first executive director of EEA Ron Resnick used this opportunity to say that getting to a standards reference model in just 18 months is comparatively fast going. Mr. Resnick said the Enterprise Ethereum Alliance is working aggressively to deliver the roadmap of the consortium, with the entire process coming to fruition before this year runs out. To begin with, the EEA published an architecture stack that comprises five different layers. There is the peer-to-peer network protocol layer from the bottom, and on top of the bottom layer is the core blockchain layer that organizes transaction execution, consensus, and data storage. Right on top is another layer devoted to scaling and privacy, and it does t Continue reading >>

What Is The Purpose Of Cryptocurrency Ethereum Enterprise Alliance Announcement May 2018

What Is The Purpose Of Cryptocurrency Ethereum Enterprise Alliance Announcement May 2018

What Is The Purpose Of Cryptocurrency Ethereum Enterprise Alliance Announcement May 2018 The second is focused on defining standards around Ethereum blockchain implementations in different traditional energy sectors oil and gas, mining, refining, trading, and utilities. First, the group aims to create an enterprise-grade blockchain solution that makes it easier for its members to comply with various regulatory requirements based on their industry. I no longer care when a corporation puts its name on an association with a crypto, only when they put money on it. Please contact the moderators of this subreddit if you have any questions or concerns. By comparison, a recent report by Aite Group showed that only four companies out of 16 polled had more than employees. Unlike enterprise consortia, while Multichain does not require the use of a cryptocurrency, it is designed to easily integrate with the bitcoin blockchain. Do not solicit, complain about, or predict downvotes. Is Bitcoin a Good Investment? More Binance Withdraw Takes Forever Trading Crypto In Ukraine 28 major corporations have united to form the Enterprise Ethereum Alliance, a collective aiming to pave the way towards a future in Finance Magnates does not however What Cryptocurrency Has The Fastest Transactions Per Second Trade Ideas For Crypto liability for death or personal injury caused by its negligence. The Ethereum Enterprise Alliance EEA has launched three working groups in Hashing Power For Best Bitcoin Mining Paper Trade Altcoins identity, energy and multiplatform interoperability to create and deliver specific advancements in those fields using Ethereum technology. Interesting things are happening for the Ethereum Enterprise Alliance these days. With the same non-profit status set aside for so-called Continue reading >>

Eea Aims To Standardize Blockchain Implementation With New Enterprise Ethereum Architecture Stack

Eea Aims To Standardize Blockchain Implementation With New Enterprise Ethereum Architecture Stack

EEA Aims to Standardize Blockchain Implementation With New Enterprise Ethereum Architecture Stack Share on Facebook Share on Twitter Share on Telegram Share on LinkedIn The Enterprise Ethereum Alliance has announced the release of a new Enterprise Ethereum Architecture Stack that is set to standardize the specifications of Ethereum enterprise solutions, assisting organizations in developing Ethereum-based solutions. The new architecture stack , released on May 2nd, is designed to streamline the process of creating enterprise blockchain solutions, eliminating the need to build in-house enterprise-friendly implementations or engage third-party developers to create private-permissioned Enterprise Ethereum applications. The EEA, a consortium of startups, Fortune 500 companies, academics, developers, and technology vendors, focuses on developing open-source standards that address enterprise deployment requirements. Operating as a non-profit corporation, the EEA boasts high-profile members such as Accenture, BP, Credit Suisse, and Microsoft, and was founded in March 2017. The EEA has remained relatively quiet since inception and, despite establishing a number of working groups and continuously adding enterprise organizations to its roster, has launched few large-scale projects. The release of the Enterprise Ethereum Architecture Stack is a major step forward for the alliance, and could potentially function as the first element of an interoperability-focused set of standards that dramatically accelerates the adoption of blockchain technology in the enterprise space. While the EEA is a major influence in the world of enterprise blockchain adoption, its not the only organization working toward bringing distributed ledger technology to the world of business. In the past year, ma 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 Is Back - And It's Got A Roadmap To Prove It

Enterprise Ethereum Alliance Is Back - And It's Got A Roadmap To Prove It

May 2, 2018 at 13:00 UTC|UpdatedMay 3, 2018 at 10:24 UTC Since its formation nearly a year and a half ago, it's safe to say that the Enterprise Ethereum Alliance (EEA) has been quiet. Apart from a steady stream of new members, there has been a lull of live projects, one that hasled some to theorize the consortium might not deliver on standards for enterprise use of the world's second-largest blockchain . In a Medium post last month, for instance, the CTO of competing DLT consortium, R3, even went so far as to stake such a claim, contending that the lack of progress proves ethereum is unsuitable for enterprise. But if competitors were eager to send the EEA to an early grave, Wednesday might mark the consortium's rise from the dead, as the company has revealed the release of a new guide outlining its open standards work. While this is just the first step in making public work that could make enterprise blockchains based on ethereum interoperate with each other, it comes as businesses are broadly beginning to acknowledge it's time to move any proofs-of-concept toward viable blockchain products. Case in point, the consortium itself has swelled to more than 500 firms - ranging fromglobal banks such as BBVA, Credit Suisse and JPMorgan to blockchain startups and traditional tech providers like Microsoft. Yet, Ron Resnick, the EEA's first executive director who was hired in January, used this diverse membership to argue that reaching a standards reference model in a year and a half is comparatively fast going. As the former president of WiMAX Forum, which was created to promote interoperability between the wireless communication standards developed by the IEEE Standards Association, Resnick has been through the gamut when it comes to standards in the telco space. "If you look Continue reading >>

Marsh Joins The Enterprise Ethereum Alliance

Marsh Joins The Enterprise Ethereum Alliance

Marsh Joins The Enterprise Ethereum Alliance Marsh Joins The Enterprise Ethereum Alliance Marsh, a global leader in insurance broking and innovative risk management solutions, today announced that it has joined the Enterprise Ethereum Alliance (EEA) , the world's largest open source blockchain initiative with more than 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. Marsh 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 an active role in the Insurance Working Group and the Digital Identity Working Group, collaborating with the alliance members in leading and driving the adoption of blockchain applications. 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." 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, an Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Ensure the financial services industrys needs are broadly served by EEA Inform the EEA reference spec with requirements that allow us to support industry use cases on EEA compliant platforms Strategize and execute on delivering connectivity to existing industry standards like ISO, FpML, MQ, etc. Build a non-IP bearing smart contract library of best practices & templates for financial assets and workflows Ensure legal and regulatory questions are collected and addressed efficiently Foster partnership opportunities between members Create standards for the management of regulated communication such that service providers can provide all the necessary meta data and media data surrounding a communication. Define how all such data will be stored and the access management required for regulatory compliance and data analytics. Propose new protocols and standards for the discovery, peering and connecting of endpoints across multiple diverse communities (TDM, SIP, WebRTC, Skype, etc) for communication. This includes how the peering directory will be stored and managed. Propose protocols and standards for web-based communication between nodes on an Ethereum network in a decentralised way. Due to heavy regulations in pharmaceutical industry we see strong DLT based use cases in the areas of research, production, delivery, usage, service management & support to proof in a transparent way, what has been done by whom and why to any regulator/Auditor. Towards our customers an increase of transparency & trust in provisioning with the right medications/products for the right purpose is a key deliverable. Ensuring data privacy & general reliability & safety of customer/patient data could be part of a separate Working Group, still this element is of high importance to this Working Group to Continue reading >>

Enterprise Ethereum Architecture Stack Launched

Enterprise Ethereum Architecture Stack Launched

Enterprise Ethereum Architecture Stack Launched The worlds biggest blockchain consortium, Enterprise Ethereum Alliance (EEA), has just announced they have launched the firstEnterprise Ethereum Architecture Stack. They say: This stack defines the building blocks needed to drive the Web 3.0 era of decentralized, connective intelligencethe next generation of Enterprise Ethereum applications that, like the Internet, will work anywhere and are capable of facilitating smart contracts without intermediaries. The stack incorporates components developed by the Ethereum Foundation. This is basically the core specifications for how one can somewhat easily build or work on enterprise ethereum blockchains. With the public release of the stack, the EEA is on its way to delivering a world-class standards-based specification for Enterprise Ethereum solutions with a TestNet and certification program to follow, said the EEA Executive Director Ron Resnick before adding: The EEAs standards-based approach enables enterprises to deliver a superior customer experience and create new and innovative solutions. Plus, having multiple vendors of choice will likely mean competition will drive down costs. The alliance is now made of 500 members and has 20member-led EEA User and Technical Working Groups with the aim being the development of primarily ethereum based private blockchains. That means directly or indirectly theyre also working or assisting the ethereum public blockchain as that is the base for the private blockchains, with the longer term aims being to connect or to allow communication between the private and public blockchains. They say in a statement: Until recently, developing an enterprise blockchain solution required organizations to build from the ground up either using their own e Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Members can download this through the EEA Collaboration Site. *If you are located in the European Union or European Economic Area (EEA), you may also have certain rights under the General Data Protection Regulation (GDPR). The email address (Personal Data) you provide on this web page to is being collected with your consent, for the exclusive purpose of permitting Enterprise Ethereum Alliance (through Emma which engaged to assist in this activity) to provide you with electronic publications (Publications) of the Alliance. It will be retained by Enterprise Ethereum Alliance for this purpose until you unsubscribe from these Publications through the unsubscribe link included in the Publications. The data may be stored or processed outside of the EU, including in the United States, on servers of Enterprise Ethereum Alliance or Emma, The Personal Data is subject to the terms of the Enterprise Ethereum Alliances Privacy Policy, which may be found here. Contact the Enterprise Ethereum Alliance through its [[email protected]] if you have concerns regarding your Personal Data, or wish to exercise any of your rights under the GDPR. Enterprise Ethereum Alliance is a trademark of the Ethereum Foundation Use of the trademark by Enterprise Ethereum Alliance is authorized by a license granted by the Ethereum Foundation. The license to use does not create a partnership, agency, sponsorship, endorsement or any other similar relationship between the Enterprise Ethereum Alliance and the Ethereum Foundation Privacy Policy To give you the best possible experience, this site uses cookies. Using this site means you agree to our use of cookies. More information is available in the EEA Privacy Policy. Learn More Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Ethereum (ETH) vs IOTA (MIOTA): Strange Bedfellows Ethereum (ETH) and IOTA (MIOTA) make for strange bedfellows. For one, Ethereum is a blockchain-based platform for decentralized applications,... The top 5 enterprise blockchain platforms you need to know about Now most of you have finally realized that blockchain means something more than some weird disruptive currency you completely avoiding buying... A recent surge of negative blockchain publicity has coincided with a plunge in cryptocurrencys total market capitalization, after having surpassed... Marsh becomes first re/insurance broker to join the Enterprise Ethereum Alliance Re/insurance broker and risk management firm Marsh, LLC has announced that it has joined the Enterprise Ethereum Alliance (EEA). 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. Crypto & Blockchain Companies Join Forces To Create New Global Trade Group Dedicated To Promote Growth And Development Of Blockchain Technology Several leading companies in the crypto/blockchainecosystemhave come together to establishthe DigitalAsset Trade Association (DATA),a... Crypto & Blockchain Companies Join Forces To Create New Global Trade Group Dedicated To Promote Growth And Development Of Blockchain Technology SAN FRANCISCO, and CHEYENNE, Wyo., March 12, 2018 /PRNewswire/ -- Several leading companies in the crypto/blockchain ecosystem have come together... ConsenSys Establishes Customer Success Organization to Support Quorum Enterprise Customers Joe Lubin, Founder of ConsenSys and Co-Founder of Ethereum said, "The trustworthy transactions and agreements platform, enabled by the Quoru Continue reading >>

Enterprise Ethereum Alliance Pledges 2018 Blockchain Standards Release

Enterprise Ethereum Alliance Pledges 2018 Blockchain Standards Release

Enterprise Ethereum Alliance Pledges 2018 Blockchain Standards Release Apr 19, 2018 at 14:00 UTC|UpdatedApr 26, 2018 at 17:07 UTC The Enterprise Ethereum Alliance (EEA) intends to release a set of common blockchain standards for businesses in 2018, one of the consortium's leading members said Thursday. Onstage at Blockchain Expo in London, Jeremy Millar, a founding board member of the 450-member group,which boasts Accenture, JP Morgan and UBS among its ranks, provided the update as part of a talk that sought to give an overview of the general progress made by the consortium since it was first founded in 2017 . In his talk, Millar began by stressing to the audience the importance of setting common standards when it comes to technology adoption. "We need interfaces to plug into. Now this might sound boring. It might not be top of mind for developers looking to launch a white paper and promote their ICO on Telegram." Millar went on to cite the addition of former WiMAX Forum president Ron Resnick as EEA executive director as a hire that would bolster the consortium, which now has 15 employees looking at architecture and technical specifications. Elsewhere, he said the group has seen progress on setting standards and specs relating to "oracles," or smart contracts meant to feed external data into blockchain systems. Overall, it was a timely appearance, as EEA rival R3 has recently sought to call out the group for a supposed lack of delivery on promises, with the startup even calling the state of the EEA code "moribund." (Like the EEA, R3 is also a consortium and technology provider seeking to bring blockchain applications to global enterprises.) Faisal Khan, of EEA member firm ConsenSys, would later pen a sarcastic Medium post that sought to highlight the benefits of its ap Continue reading >>

More in ethereum