Enterprise Ethereum Alliance & Hyperledger Join Each Other’s Organization October 2, 2018 October 2, 2018 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Ethereum NewsOctober 2, 2018 by Kelly Cromley

Enterprise Ethereum Alliance & Hyperledger Join Each Other’s Organization

The Enterprise Ethereum Alliance (EEA) and Hyperledger declared October 1 they would become a member of each other’s organizations as “Associate Members” to achieve the common aim of enterprise blockchain adoption.

The EEA, an enterprise blockchain organization established in March 2017 by JPMorgan, Santander and several other high profile organizations, concentrates on enhancing the scalability, confidentiality, and safety of Ethereum (ETH) blockchain applications.

Brian Behlendorf, Executive Director of Hyperledger at the Linux Foundation and Ron Resnick, Executive Director of the Enterprise Ethereum Alliance, clarified the motivation for the choice to join concurrently in a blog post:

“This will enable more active and mutual cross-community collaboration through event participation, connecting with other members, and finding ways for our respective efforts to be complementary and compatible.”

Hyperledger’s Fabric technology has already penetrated in various sectors of the world economy in the form of enterprise blockchain based applications. Last month end, FedEx made an entry into Hyperledger, which has more than 270 members, in order to study the application of blockchain in supply chains, transportation and logistics.

Behlendorf and Resnick said

“Down the road, we hope this mutually beneficial relationship will encourage Ethereum developers to consider submitting their enterprise projects to Hyperledger and Hyperledger project maintainers to consider taking de-facto interfaces appropriate for standardization to the appropriate EEA working groups. This relationship will also enable Hyperledger developers to write code that conforms to the EEA specification and certify them through EEA certification testing programs expected to launch in the second half of 2019.”

Earlier in May, the EEA had unveiled a novel software suite to standardize the conditions for Ethereum-based business applications, and the Enterprise Ethereum Client Specification 1.0, which will facilitate interoperability for firms that employ Ethereum blockchain-based solutions.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.