Wipro Joins Enterprise Ethereum Alliance to Develop Enterprise-Grade Blockchain Solutions

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Wipro has joined the Enterprise Ethereum Alliance (EEA) as a founding member. The EEA is founded to promote, develop and implement enterprise grade Ethereum-based Blockchain applications.

Bengaluru-headquartered Wipro has been actively contributing to Ethereum. The open source platform features Blockchain-based computing with smart contract functionality.

“We are excited to be a part of the founding team of the Enterprise Ethereum Alliance and contribute towards key aspects such as security, privacy and scalability as they will be the key determinants in accelerating Blockchain adoption within enterprises,” said Krishnakumar N Menon, vice president of service transformation, Wipro Limited, in a joint statement.

Wipro’s research and development on Ethereum will emphasis more on privacy, scalability, confidentiality and security. The solution also enables the development of Blockchain-based industry solutions such as Delivery versus Payments (DvP) settlement for securities and capital markets, skip-trace consortia for banking, peer-to-peer (P2P) insurance for the sharing economy and anti-counterfeit solution for supply chain traceability.

“It is great to have Wipro as a founding member of the Enterprise Ethereum Alliance,” said Marley Gray, principal Blockchain architect, Microsoft.

In addition to the in-house developments, Ethereum is being used by Wipro client companies. The Indian IT giant has also established the Blockchain Innovation Lab as part of its Blockchain COE (Center of Excellence) to support the advanced developments. The lab has been founded to build use-case specific Blockchain solutions.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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