Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative

Total Membership Exceeds 150 Organizations in Less Than Seven Months Cisco Systems, Scotiabank, Government of Andhra Pradesh Lead New Membership

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Enterprise Ethereum Alliance (EEA) announced today that 34 organizations have joined the blockchain industry group since late May. This brings total membership to over 150 organizations added since the group’s launch in February of this year. EEA is now the world’s largest open-source blockchain initiative. EEA’s newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.

Composed of forward-looking enterprises and blockchain innovators, EEA is an industry-supported, non-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open source reference architectures.

New EEA members include: 2AdviseAmalto TechnologiesAntibiotic Research UK (ANTRUK)Aquilon Energy Services, Inc.ASSETHBLOCKO Inc.BloqCisco SystemsCybersoft Digital Services Corp.Enter Corporation Co., Ltd.Equities.com, Inc.Finclusion Labs, Inc. (WeTrust.io)Government of Andhra PradeshHashCash ConsultantsHEAL AllianceiEx.ecLazarski UniversityLoyyal CorporationMadHiveMattrNetObjex Inc.OTP Bank Plc.QIWI Blockchain Technologies LLC.RevelryRISKebizScotiabankStreami Inc.Talkcrypto.orgTechnical University of MunichTexcent Asia Pte LtdTIS R&D Center, Inc.TokenCard / Monolith; Ventured and Ypse IT Solutions.

“EEA’s rapid growth in membership mirrors the accelerating acceptance and deployment of Ethereum blockchain solutions in the global marketplace,” said Julio Faura, chairman of the board, EEA. “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.”

EEA was formed earlier this year, seeking to evolve Ethereum into an enterprise-grade technology. EEA’s research and development is focused on privacy, confidentiality, scalability, and security. EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

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EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight to the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network.

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