Members of the EEA include Santander, BNY Mellon, CME, J.P. Morgan, BBVA, Credit Suisse, Fubon, Monax, Thomson Reuters, and UBS.

Photo: (Bloomberg)

 

Major financial and technology firms have teamed up with blockchain startups to form the Enterprise Ethereum Alliance (EEA). The organization seeks to augment Ethereum, enabling it to serve as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability, and security. EEA will also investigate hybrid architectures that span both permissioned and public Ethereum networks.

The founding members of the Enterprise Ethereum Alliance rotating board include Accenture, Banco Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, IC3, Intel, J.P. Morgan, Microsoft, and Nuco. Additional founding members include AMIS, Andui, BBVA, brainbot technologies, BP, Chronicled, Credit Suisse, Cryptape, Fubon Financial, ING, The Institutes, Monax, String Labs, Telindus, Tendermint, Thomson Reuters, UBS, VidRoll, and Wipro, among others.

Read more at http://www.financemagnates.com/cryptocurrency/news/major-banks-tech-companies-form-enterprise-ethereum-alliance/