Enterprise Ethereum Alliance and Hyperledger Enter Formal ‘Association’ Agreement

Published at: Oct. 2, 2018

The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption.

The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and a variety of other members, focuses on improving the privacy, scalability, and security 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, explained the impetus for the decision to join together 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 found its way into a raft of enterprise blockchain-based integrations in various sectors of the global economy. At the end of September, FedEx joined Hyperledger, which has over 270 members, in order to look into blockchain use for supply chains, logistics, and transportation.

“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,” Behlendorf and Resnick continued, adding:

“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.”

In May, the EEA had released both a new software stack to standardize the specifications for Ethereum-based business applications, and the Enterprise Ethereum Client Specification 1.0, which will enable interoperability for companies that use Ethereum blockchain-based solutions.

Tags
Blockchain
Ethereum
Hyperledger
Eea
Related Posts
EEA Publishes Blockchain Uses for T-Mobile and Other Major Telecoms
The Enterprise Ethereum Alliance (EEA), an organization that aims to establish standards in the blockchain sector, has published a collection of use cases for blockchain in telecommunications. Blockchain solutions for telecoms The EEA shared the announcement with Cointelegraph on Aug. 28. According to the announcement, the new document on blockchain solutions in the telecom industry was created by the EEA Telecom Special Interest Group (SIG). This document is free and open to the public, and reportedly contains information on how blockchain technology can streamline business transactions and internal operations in telecommunications. Additionally, the document purports to show how so-dubbed standards-based …
Blockchain / Aug. 29, 2019
Samsung, Dutch Bank, Rotterdam Port Send Blockchain-Tracked Shipment
Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1. According to the announcement, the container was tracked via the blockchain platform “DELIVER,” which allowed for the shipment to be instantly financed, fully tracked, and conducted paperlessly. According to Port of Rotterdam CFO Paul Smits, the traditional process of shipping is usually paper-heavy and inefficient: “Currently payments, administration and the physical transportation of …
Blockchain / July 2, 2019
Enterprise Ethereum Alliance Releases New Specifications
The Enterprise Ethereum Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph. At DevCon4 today in Prague, the EEA announced the release of its Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5. The former is a development of common standards, which aims to ensure that Ethereum developers will write code that “[motivates] enterprise customers to select EEA specification-based solutions over proprietary offerings.” The Client Specification V2 will essentially offer a label of sorts, which means a …
Blockchain / Oct. 30, 2018
Chinese Consortium Led by Huawei and Tencent to Launch Coinless Blockchain
The Chinese Financial Blockchain Shenzhen Consortium (FISCO), led by multinational telecommunication company Huawei and tech giant Tencent, will soon present its coinless blockchain FISCO BCOS, as revealed in a press release Tuesday, Oct. 18. FISCO consists of more than 100 financial entities including major players such as WeBank, a digital bank initiated by Tencent, and Shenzhen Securities Communication. The consortium is going to present the new platform at the Singapore Fintech Festival, which will take place from Nov. 12-14. FISCO BCOS is described as a set of applications aimed to serve the general public. Per the release, the main strength …
Blockchain / Oct. 24, 2018
Spain: BBVA Bank and Energy Co. Repsol Partner to Develop Blockchain Financial Solutions
Major Spanish banking group BBVA and Spanish energy company Repsol have signed an agreement to develop blockchain-based solutions for corporate banking, according to an announcement published June 20. The product by BBVA and Repsol was developed using multiple different blockchain technologies, namely Hyperledger and the Ethereum test network. Nuria Ávalos, the head of Blockchain and Digital Experimentation at Repsol, commented on the collaboration: “Repsol wants to actively take part in collaborative environments. Blockchain is a disruptive technology that is here to stay and the agreement with BBVA advances our strategy of driving digitization in all areas of our activity.” The …
Adoption / June 21, 2018