In a significant move to propel the adoption of blockchain technology in the enterprise sector, two of the largest blockchain consortiums in the industry have announced their formal collaboration. The Enterprise Ethereum Alliance (EEA), a consortium that sees over 300 members working to leverage open-source Ethereum technology for blockchain solutions in enterprise and Hyperledger, a cross...
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...
Sberbank, Russia’s largest bank by assets has joined the Enterprise Ethereum Alliance, the world’s largest blockchain consortium. Initially founded by 30 members in February 2016, The Enterprise Ethereum Alliance (EEA) is a working group of companies, technology startups, corporations and even governments working to leverage open-source Ethereum technology for enterprise blockchain solutions. The...
The Enterprise Ethereum Alliance (EEA), a cross-industry collaborative blockchain consortium aiming to leverage open-source Ethereum technology for enterprise solutions has announced the launch of its ‘Legal Industry Working Group’. In an announcement on Monday the EEA revealed the launch of its Legal Industry Working Group with 14 law firms and academic institutions. The legal working group is...
An Indian state government and payments giant Mastercard are among 34 new additions to the Enterprise Ethereum Alliance (EEA), which now sees over 150 members – making it the world’s largest blockchain consortium. Founded by an initial 30 members in February 2016, the Enterprise Ethereum Alliance (EEA) is a working group of companies, organizations and Ethereum development startups aiming to...
Dubbed “The Flippening” by cryptocurrency enthusiasts, the scenario in which Ethereum surpasses Bitcoin and becomes the number one cryptocurrency has been setting the community abuzz, as it seems it’s only a matter of time before the people’s money becomes number two. Ethereum’s Ether token was worth about $8 in early January, and has surged almost 5,000% this year to reach a $412 all-time high...
Ethereum price surged Monday to $407.10, a record high, largely on the growing investment in cryptocurrency driven in large measure by bitcoin. Monday’s record high marked more than a 5,000 percent gain this year for Ethereum, which was trading at under $8.00 in January. Posting close to a 14-point gain in the last 24 hours, Ethereum was closing in on bitcoin, which suffered nearly a 10-point...
As bitcoin clips along at a rapid pace, it stokes Ethereum, the second largest cryptocurrency, at an even faster pace. Ether, Ethereum’s token, has catapulted from $8.24 Jan. 1 to $203.30 yesterday, a 2,367% gain. As of Wednesday evening, Ether’s price was $199.08, giving Ethereum a $18.295 billion market capitalization, marking a 5.49% gain in a 24-hour period, according to coinmarketcap.com...
The Enterprise Ethereum Alliance has announced a slew of new members to join the working group that now sees a total of 116 members among its ranks. Founded by 30 members originally in February 2016, the Enterprise Ethereum Alliance (EEA) is aimed at using open-source Ethereum tech for developing enterprise blockchain solutions. Original members include the likes of technology powerhouses...
The Enterprise Ethereum Alliance, an organization comprised of the some of the most prominent names in blockchain, recently announced its inaugural Technical Steering Board. Focused on building out EtETH1.0, the protocol at the foundation of the Alliance’s work, the Technical Steering Board is made up of representatives from the member organizations. Enter the Alliance The Enterprise Ethereum...
Editor's Note: Article headline and content amended for clarity. U.K. bank Santander is terminating its users' bank accounts if it discovers they have sent fiat money to Bitcoin exchanges, according to Bitcoin exchange Bittylicious. However, the bank fails to explain the reasons for doing so. Bittylicious took to Twitter to break the news saying: @Santanderuk are now closing down accounts of...
More than two dozen corporate giants and blockchain innovators have joined forces to develop an alliance on the Ethereum blockchain, designed to build, promote, and support enterprises as they push toward distributed ledger systems. The Enterprise Ethereum Alliance (EEA) is due to be announced on Tuesday, which aims to drive Ethereum blockchain technology best practices focusing on security...
Technology giant Microsoft is reportedly among several other industry firms alongside banks and financial institutions coming together to form a new blockchain working group called the ‘Enterprise Ethereum Alliance’. The coalition of tech firms and banks aim to accelerate the adoption of Ethereum’s public blockchain technology in corporations and enterprises, according to a Bloomberg report...