This Wednesday, October 18th, the Enterprise Ethereum Alliance (EEA), known around the world as the world’s largest open-source blockchain initiative, added 48 more members to its alliance.
This has raised the number of members from 152 to 200 members, including highly popular names like Hewlett-Packard Enterprise (HPE) and many other notable companies. However, HPE is the most well-known name of the new members as they are a massive tech giant. They also launched 4 additional working groups as well, bringing the total up to 12.
HPE is no stranger to the blockchain space, having previously worked with R3, the distributed ledger consortium, which was started by 9 financial institutions, including Barclays, Goldman Sachs and J.P.Morgan in September 2015.
HPE appears to be optimistic about the alliance, with their Global Financial Services Industry Lead Markus Ogurek saying in a statement:[perfectpullquote align=”full” cite=”” link=”” color=”” class=”” size=””]“Joining the EEA is a significant step for Hewlett Packard Enterprise in making blockchain enterprise-ready and accelerating our customers’ journey to production. Our commitment to the EEA will help enterprise-grade blockchain technology adoption and will enable clients to innovate in most demanding applications.”[/perfectpullquote]
The EEA was first revealed in January, before launching fully in February of the same year. Since then, this cryptocurrency enterprise has garnered support from big name companies and businesses such as JPMorgan Chase bank, BP oil, and even Microsoft, as well as many other developed companies and names.
EEA’s members represent a wide swath of members, including, but not limited to, technology, government, banking, healthcare, pharmaceuticals, marketing, insurance, and many many more. They provide research and development in the field, including privacy, security, and confidentiality.
As more companies follow the alliance, the EEA has high hopes that “the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight to the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network.”