State of Illinois Joins the Enterprise Ethereum Alliance

Enterprise Ethereum Alliance expands dramatically announcing 86 new members

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NEW YORK, NY; May 22nd, 2017 — Enterprise Ethereum Alliance (EEA), a newly formed enterprise collaboration focused on Ethereum blockchain technology, is pleased to announce the addition of over 86 new companies to its membership with many continuing to onboard and be announced in the upcoming months. Comprised of the most advanced enterprises and startup blockchain innovators, EEA is designed to build, promote, and broadly support Ethereum-based technology best practices, standards, and a reference architecture, EntEth 1.0.

The new members of EEA include Access, Adapt Forward, Alchemy Limited, AlphaPoint, Antony Welfare, Aquarius Capital Management, AutoBoard Systems, Axcent LLC, Bancor, BigchainDB, Blk Technologies, Blockchain Hub Limited, BlockCypher, Brian Ray, Broadridge, CareChain, CCA, Clause, Clearmatics Technologies, Clozer Technologies, CoinFund, Coinplug, ConsenLabs, Consensus Base, Couger, CryptoMKT, CYPHA GmbH, Dapps.ai, Datarella, DeliverThat, De Cooperatieve Rabobank U.A, Deloitte, The Depository Trust & Clearing Corporation (DTCC), DigixGlobal, Dinosaur Dog, ElectricChain, Elevondata Labs Inc., Etherisc, Fundacion CTIC Centro Tecnologico, Gem, Global Consent Limited, Global Trade Guardian — LexEcon Consulting Group, Hashed Health, Hijro, Illinois Department of Financial and Professional Regulation, Infosys, InGauge Trading Technologies Inc., Ian Pilon, Infrachain Asbl, Intelligent’er Re’Development, ING, iPaynow, Jiangsu Huaxin Blockchain Research Institute, Kaula, Ledger, Libra, Melonport, Merck KGaA, Darmstadt, Germany, MME, Mitsubishi UFJ Financial Group, Model Communities Association, Musicoin, National Bank of Canada, Noah Perius, Nordic Alliance, NXN, Parkview Ventures, Qingxin Technology, Red Chalk Group, Samsung SDS, San Francisco Stock Exchange, Smart Contract Japan, SmartU Electronics Trading L.L.C, State Street Emerging Technologies Center, Synechron, Taishin Financial Holdings, Taiwan FinTech Association, Tecnalia Research & Innovation, Toyota Research Institute, TraderLynk Ltd, Trust Stamp, UNLP, Utocat, Vanbex Group, Wall Street Blockchain Alliance, and Zerocoin Electric Coin Company.

The Enterprise Ethereum Alliance (EEA) was formed earlier this year, seeking to evolve Ethereum so that is can serve as an enterprise-grade technology. EEA’s research and development is focused on privacy, confidentiality, scalability, and security. EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry specific application layer working groups.

Julio Faura, chairman of EEA and head of blockchain r&d at Santander expressed, “The enthusiasm around EEA is remarkable. Our new members come from varying industries such as pharma, mobile, banking, automotive, management consulting, and hardware as well as the startup community driving innovation. It’s great to see everyone come together and build the next generation of our economy on Ethereum blockchain solutions.”

EEA will collectively develop industry standards and facilitate open source collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This collaborative framework will enable 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.

Illinois Department of Financial and Professional Regulation

“As Illinois’ financial services regulator, we are committed to embracing the potential that distributed ledger technologies bring to our financial institutions. Its potential to dramatically lower transactional costs, automate manual processes, and reduce opportunities for fraud and risk are truly promising. Through our collaboration with the Enterprise Ethereum Alliance, we look to provide the support and engagement necessary to ensure the commercial and social viability of this emerging technology.” — Bryan Schneider, Secretary, Illinois Department of Financial and Professional Regulation.

Full Press Release (PDF Version)

Enterprise Ethereum Alliance Membership Announcement May 22, 2017

About the Illinois Blockchain Initiative

The Illinois Blockchain Initiative is designed to be a collaborative effort and position Illinois as a leader in blockchain innovation. The State invites all government entities, businesses, organizations and academia interested in participating in this exciting opportunity to contact either: Cab Morris, Deputy Director of Strategy and Operational Performance Illinois Department of Financial and Professional Regulation at richard.morris@illinois.gov or Jennifer O’Rourke, Illinois Blockchain Business Liaison, Illinois Department of Commerce and Economic Opportunity at jennifer.orourke@illinois.gov.


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