Enterprise Ethereum Alliance (EEA) was formally announced on Feb 28, 2017. EEA is the world’s most advanced enterprise and startup blockchain innovators that came together to build, promote, and broadly support Ethereum-based technology best practices, standards, and a reference architecture, EntEth 1.0. It enables to serve as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability, and security. EEA also investigates hybrid architectures that span both permissioned and public Ethereum networks.
In the following weeks of the alliance announcement, EEA received hundreds of applications for membership from enterprises, startups, and academic groups, and offers of support from the growing community of Ethereum specialists and experts. As a result, the Alliance will soon welcome a new cohort of members. The Consensus 2017 hackathon is planned on May 20th to 21st to drive work on Ethereum. Further, a two-hour afternoon event is planned that will include presentations, panels, and a demo on May 22nd at Consensus in New York. In June, EEA may form further working groups that include pharmaceuticals, mobile, and energy.
An official Technical Steering Board is annnounced, whose members have already made important strides building EntETH1.0, the protocol that is the basis for the Alliance’s ongoing work.
The EntETH1.0 reference architecture seeks to accomplish three key objectives:
- Configurable Consensus: the ability to swap consensus mechanisms depending on the type of environment one wants to create
- Privacy: the ability to have only the desired counterparties (and regulator, if necessary) able to see a transaction
- Rules Based Access Control: the ability to have role assignment, role authorization, and permission authorization
The protocol is the result of collaboration between experts from member organizations. Work on the protocol is being led by these Technical Steering Board members:
• Banco Santander – John Whelan
• BlockApps – Kieren Lubin-James
• BNY Mellon – Alex Batlin (chair)
• CME Group – Jonathan Morley
• ConsenSys – Bob Summerwill
• Cryptape – Jan Xie
• IC3 – Andrew Miller
• Intel – Sanjay Bakshi
• J.P. Morgan – Tyrone Lobban
• Microsoft – Marley Grey
• Nuco – Jinius Tu
• Advisor – Jeff Wilcke
• Advisor – Vitalik Buterin
Accenture, Banco Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, IC3, Intel, J.P. Morgan, Microsoft, and Nuco are the founding members of the Enterprise Ethereum Alliance rotating board. 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, and VidRoll, among others. Wipro also announced joining Enterprise Ethereum Alliance (EEA) as Founding Member to Develop Enterprise-Grade Blockchain Solutions on May 4, 2017. Organization interested in membership may reach EEA at email@example.com with membership inquiries.
“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. EEA aims 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.
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