Two Largest Blockchain Communities Team Up to Bring Common Standards to Blockchain Space

| Updated
by Darya Rudz · 3 min read
Two Largest Blockchain Communities Team Up to Bring Common Standards to Blockchain Space
Photo: Coinspeaker

Enterprise Ethereum Alliance and Hyperledger partner to bring common standards to the blockchain space and contribute to mass adoption of the technology.

The Enterprise Ethereum Alliance (EEA), the global standards organization driving the adoption of Enterprise Ethereum, and Hyperledger, Linux Foundation’s project for open-source blockchain platform, announced their partnership. The companies have collaborated with the aim to “accelerate adoption of blockchain technologies for business.”

As the press release reads, the leadership of both organizations will be able to collaborate across tens of Special Interest Groups, Working Groups, meetups and conferences globally, across hundreds of thousands of developers in both communities. Hyperledger developers who join EEA can participate in EEA certification programs, and EEA members dealing with specifications and standards can work on Hyperledger to help implement those standards.

Ron Resnick, executive director of the EEA, 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.”

Both the organizations believe that their collaboration will foster mass adoption of blockchain technologies for business.

Hyperledger Executive Director, Brian Behlendorf, commented on the initiative:

“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.”

He further said:

“It’s things like blockchain technology that really help build more fair and auditable markets. Industries do not want to see a central provider emerge in their industry that forces everybody to just live on their estate and sucks up all the profits from that sector. It’s funny how much convergence and agreement there is between the needs of many of these industries and, frankly, the needs of many people thinking about social impact.”

Behlendorf concluded:

“There is a lot of inspiration we can take from the cryptocurrency community and from the broader Ethereum community in thinking about how to build these things at scale in a way that helps bring trust back to digital systems that I think we’ve lost in a big way.”

Enterprise Ethereum Alliance (EEA) is the first global standards organization which delivers an open, standards-based architecture and specification to accelerate the adoption of Enterprise Ethereum. The EEA is designed to serve three purposes on its blockchain. First, it is a governance and standards body for Ethereum’s enterprise applications. Second, it aims to retain compatibility with and enhance public ethereum. Finally, the EEA ensures rapid technical innovation and enterprise-grade governance.

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.

Last year, the company launched the Hyperledger Burrow project, an Apache-licensed implementation of the Ethereum Virtual Machine (EVM) bytecode interpreter. Recently, Hyperledger welcomed global shopping giant FedEx to join the open-source blockchain consortium and contribute to the technology adoption.

Blockchain News, Editor's Choice, News
Darya Rudz
Author Darya Rudz

Darya is a crypto enthusiast who strongly believes in the future of blockchain. Being a hospitality professional, she is interested in finding the ways blockchain can change different industries and bring our life to a different level.

Related Articles