Sunday, February 5, 2023

Enterprise Ethereum Alliance Expands Reach With New Working Groups

Enterprise Ethereum Alliance Expands Reach With New Working Groups

After a very bullish year for the cryptocurrency, the Ethereum Enterprise Alliance (EEA) announced the launch of working groups for digital identity, energy, and multiplatform interoperability solutions. These groups will work to deploy Ethereum in industries across the world.

Also read: Litecoin Founder Charlie Lee Sells Entire LTC Holdings

Three New Working Groups

Spanning nearly 300 member companies looking to utilize the blockchain, the EEA announced the launch of three new member-driven groups, bringing the total number of committees to seventeen.

With an end goal to have representation from business sectors from every region of the world, the EEA has now expanded its focus on blockchain solutions in digital identity, energy, and multiplatform interoperability.

Jeremy Miller, a founding EEA member had this to say on the groups working group expansion:

“EEA’s member-driven working groups focus on solving the real-world challenges of deploying and using Ethereum in the enterprise. 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 business.”

Advancing the Use of Ethereum-Based Technologies

As the digital asset economy continues to grow, and with Ethereum now conducting over a million transactions in a single day, many have chosen the platform to be the backbone of their blockchain based solution.

Despite the growth, Ethereum leaders such as Vitalik Buterin and Joe Lubin have acknowledged the need to build enterprise-grade software capable of handling the most complex and highly demanding applications. The digital identity, energy, and multiplatform working groups will reportedly work towards these advancements.

This is just another step forward for the growing enterprise base behind the Ethereum blockchain with industry leaders working together to define the standards for implementation and focusing on increasing global adoption.

Do you think these new working groups will help spread adoption? Share your thoughts in the comments section.

Images via BlockGeeks,

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