Blockchain developer Hyperledger and Enterprise Ethereum Alliance has joined hands and become Associate Members in each other’s organization. The collaboration will form a standards-based, open-source and cross-platform. It will work towards increasing the mass adoption of blockchain for the purpose of business. The EEA and Hyperledger companies combined include hundreds of members. Thus, they represent a vast variety of different businesses from different parts and regions of the globe.
With the participation from each member of both the organizations, the leadership of the two companies will collaborate across multiple Working Groups, Special Interest Groups, conferences, and meetups globally. It means that the collaboration will reach across hundreds of thousands of developers from both the communities. Importantly, the community members of EEA who are used to working on particular standards and specifications can reach out to Hyperledger. Together the two companies can work in a union on the software implementations to match those standards.
The Enterprise Ethereum Alliance expects that the blockchain developer Hyperledger will write a code applicable to the EEA specifications during the launch of their combined EEA certification program next year, said Bits Online. Experts believe that this collaboration will form unique revenue models. The global enterprises and the deeply ingrained legacy processing used in businesses will be replaced by the revolutionary practices of data sharing.
The two companies have similar visions and want to help the communities across all the industrial verticals including supply chain, finance, banking and more to conduct business using the redefined way of working offered by blockchain technology. Both the companies have set huge goals for their alliances and want to maintain blockchain networks with a scalable enterprise.
The Executive Director of blockchain developer, Hyperledger, Brain Behlendorf and Ron Resnick, the EEA Executive Director in a jointly written blog announced details about this partnership said Cision. Resnick said, “This is a time of great opportunity. Collaborating through mutual associate membership provides more opportunities for both organizations to work more closely together. In addition, Hyperledger developers who join the EEA can participate in EEA Certification to ensure solution compliance for projects related to the Enterprise Ethereum Client Specification.”[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]