What is Enterprise Ethereum Alliance (EEA)?
Ethereum is a smart contracting network guided by transparency and inclusivity. It was created with a community-based approach, enabling use and building without limitation. To revolutionize how information is shared, Ethereum, by default, welcomes the beauty of diversity, accepting contributions from all users, regardless of technical expertise or geographical location.
What is Ethereum Enterprise Alliance?
The Ethereum Enterprise Alliance (EEA) is a creators’ collective aimed at collaboratively bringing unique ideas that make the smart contracting network a better platform, serving diverse users. This is only necessary because the outcome of collaborative efforts should be open and inclusive. It should, most importantly, represent the tenets of Ethereum—and, by extension, binding blockchain principles.
According to their website, “the EEA is a member-led industry organization whose objective is to drive the use of Enterprise Ethereum and mainnet Ethereum blockchain technology as an open-standard to empower ALL enterprises.”
The overarching goal of EEA is to promote the use of Ethereum to industries and educate them on how some of their problems or operations can be solved and ported on-chain for better efficiency and cost savings.
EEA Board of Directors
The EEA board of directors is currently made up of:
- Chair John Whelan, who is the head of digital investment banking at Santander,
- Vice-chair David Treat, who is the blockchain program lead at Accenture,
- Executive Director Dan Burnett,
- Treasurer Yorke Rhodes III, who is also the co-founder of Blockchain at Microsoft,
- Victor Wong, chairman and founder of Block Apps,
- Jeremy Millar, ConsenSys chief of staff,
- Aya Miyaguchi, Executive Director at Ethereum Foundation,
- Tyrone Lobban, head of Onyx,
- Matthew Spoke, Founder and CEO of the Open Foundation,
- Michele Curtoni, Head of Strategy at Six Digital Exchange,
- Dan Heyman, CEO of Palm NFT Studio
There are other alternative representatives from various organizations too.
A glance at the EEA website reveals their members are drawn from finance and tech giants like Microsoft, Intel, J.P Morgan, ConsenSys, Block Apps, CME group, Nuco, Santander, Accenture, and BNY Mellon.
Even so, there are over 90 members categorized as organizational members and members recognized by the association. They are, Hyperledger, Blockchain Research Institute (BRI), and SAE ITC.
EEA members are drawn from diverse Industries from every work sector, such as energy, healthcare, technology, banking, insurance, marketing, and pharmaceuticals.
EEA inspires members to focus on tackling industries’ challenges by deploying Ethereum to solve the problems.
These Four Specific Tasks guide EEA’s Daily Operations:
- Understand enterprise requirements;
- Build standard specifications that address these requirements;
- Evolve alongside and include the public Ethereum blockchain and
- Achieve global interoperability through certification programs
How the Enterprise Ethereum Alliance Works
Right before the establishment of EEA in 2017, technology companies supported the Ethereum network via cloud services.
Their support was aimed at individually marketing the benefits of Ethereum. However, their efforts weren’t channeled and effective until the Enterprise Ethereum Alliance (EEA) came into the picture.
The EEA solved the incoherence problem by forming an alliance that brings members’ visions together, helping speed up Ethereum adoption.