Blockchain company TenX has announced that it has become a member of the Enterprise Ethereum Alliance – the world’s largest open-source Blockchain initiative.
The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Building upon the leading smart contract supporting Blockchain currently running in real-world production – Ethereum – the Enterprise Ethereum Alliance defines enterprise-grade software capable of handling the most complex, highly-demanding applications at the speed of business.
Composed of a wide variety of forward-looking enterprises and Blockchain innovators, the Enterprise Ethereum Alliance aims to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open source reference architectures.
“We value the Enterprise Ethereum Alliance’s efforts to be at the forefront of defining standards and facilitating collaboration among its diverse cross-industry membership. The technological variety of organizations coming together under the auspices of EEA to create and drive Ethereum standards will enable the mass adoption of Blockchain at a depth and breadth otherwise unachievable”, said Dr. Julian Hosp, Co-founder and President of TenX.
“We are very proud to contribute to the future development of the next-generation Ethereum ecosystem and believe that our experience will greatly benefit the EEA community. Being an EEA member will enrich our capacity and help us achieve our mission – to bring cryptocurrencies to the masses,” he added.