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300-Member Strong Ethereum Enterprise Alliance Launches Three Working Groups

Last Updated March 4, 2021 5:03 PM
Samburaj Das
Last Updated March 4, 2021 5:03 PM

The Ethereum Enterprise Alliance (EEA) has launched three working groups in digital identity, energy and multiplatform interoperability to create and deliver specific advancements in those fields using Ethereum technology.

With over 300 members since its launch in February 2017, the Ethereum Enterprise Alliance is now the world’s largest blockchain consortium. The working group, whose members include the likes of Intel, Microsoft and Mastercard, is a collective of companies and Ethereum development startups – even governments – uniting to leverage open-source Ethereum technology for enterprise blockchain solutions.

In an announcement recently, the EEA has now added three specific member-driven working groups in digital identity, multiplatform interoperability and energy, bringing to the total number of working groups and committees within the consortium to 17.

“Identity, energy and multiplatform interoperability are three areas where EEA members see real advantages to using Ethereum technologies in 2018,” explained EEA founding board member Jeremy Millar. “Working groups allow them to innovate, test new ideas and stay competitive.”

Elaborating further, the Digital Identity Working Group will focus on researching the role of Ethereum blockchain technology in developing a digital identity taxonomy that can be implemented throughout the tech sector.

The Energy Working Group will delve into defining blockchain standards for Ethereum applications in oil and gas, refineries, trading, utilities, mining and other use cases within the energy industry. The group will also develop the necessary infrastructure for the widespread implementation of Ethereum tech in the energy space.

Lastly, the Multi-Platform Working Group will cast an eye and dye on making the Ethereum platform available and usable across multiple operating systems and physical hardware. The ultimate goal? To make the Ethereum blockchain platform universally adoptable, whatever the platform may be.

“EEA’s member-driven working groups focus on solving the real-world challenges of deploying and using Ethereum in the enterprise,” Millar added. “The output of the working groups is a key component of EEA’s mission and active participation is something our members find valuable to their businesses.”

The three new working groups join the recently launched Legal Industry Working Group – a collective of 14 law firms and academic institutions working to educate the legal industry about the advantages of blockchain technology.

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