Enterprise Ethereum Alliance and Hyperledger Enter Formal ‘Association’ Agreement
The Enterprise Ethereum Alliance (EEA), an association working to standardize the use of Ethereum blockchain, and Hyperledger, a blockchain project introduced by the Linux Foundation, jointly announced on Monday i.e. October 1 they had become associate members in each other’s group. The move is meant to enhance blockchain adoption across various industries.
The EEA, an enterprise blockchain organization established in March 2017 by Santander, JPMorgan, and a variety of other members, emphases on refining the privacy, scalability, and security of Ethereum (ETH) blockchain applications.
Executive Director of Hyperledger at the Linux Foundation and Ron Resnick,
Executive Director of the Enterprise Ethereum Alliance, announced the
collaboration in a joint post published on the website of each organization.
Resnick commented: “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.”
Behlendorf said that
blockchain community members should no longer view the situation as EEA versus
Hyperledger by giving a statement: “Great open standards
depend upon great open source code, so this is a natural alliance for both
organizations. Standards, specifications and certification all help enterprise
blockchain customers commit to implementations with confidence since they have
better assurances of interoperability as well as multiple vendors of choice.”
“Down the road, we hope this mutually beneficial relationship will encourage Ethereum developers to consider submitting their enterprise projects to Hyperledger and Hyperledger project maintainers to consider taking de-facto interfaces appropriate for standardization to the appropriate EEA working groups,” Behlendorf and Resnick endured, adding:
“This relationship will also enable Hyperledger developers to write code that conforms to the EEA specification and certify them through EEA certification testing programs expected to launch in the second half of 2019.”
Previously in May, the EEA had launched both a new software stack to standardize the specifications for Ethereum-based business applications, and the Enterprise Ethereum Client Specification 1.0, which will allow interoperability for companies that use Ethereum blockchain-based solutions.