The EEA [Ethereum Enterprise Alliance] as per the revelation of the joining by Mastercard, Indian Government and many others it became the Largest open-source Blockchain alliance WorldWide.
Since the use of blockchain technology and its potential has been increasing attention wise, many functioning entities are joining to create larger consortium for more developed exploration of the technology and its applications. This was hoisted with the understanding how reliable Ethereums protocol is to create supportive blockchain solutions.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 enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business. Source: entethalliance.org
The Chairman of Enterprise Ethereum Alliance board Julio Faura said that:“EEA’s rapid growth in membership mirrors the accelerating acceptance and deployment of Ethereum blockchain solutions in the global marketplace. 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.”
Alongside the increase of members its easily understood the rise of diversity the alliance includes in terms of industry participants. Which represents the interest in the potential it with-holds to solve multiple problems the technology already has.
Included on the list is Mastercard, Cisco Systems, Scotiabank, Loyyal Corporation and QIWI Blockchain Technologies, among 29 other firms.
But the member that perhaps stands out most in this latest batch of companies is the government of the rapid...