The Enterprise Ethereum Alliance (EEA)and Hyperledger have announced that they will begin working together and are to join “each other’s organizations as Associate Members.”
EEA and Hyperledger partnership will benefit both parties
According to a joint blog post published on entethalliance.org, the formal agreement will help foster cross-community collaboration via joint events and encourage the two organizations to complement each other’s efforts.
Co-written by Brian Behlendorf, the Executive Director of Hyperledger and Ron Resnick, the Executive Director of the Enterprise Ethereum Alliance, the blog post explains that the collaboration between EEA and Hyperledger could be the key to unlocking what businesses need to accelerate adoption of blockchain technology further.
The Enterprise Ethereum Alliance is a global non-profit enterprise blockchain organization founded in March 2017. The EEA was founded by key industry players including Santander, JPMorgan, Microsoft, and others.
The EEA promotes blockchain-based specifications and standards meant to assist enterprise blockchain networks, especially those that seek to utilize the Ethereum ecosystem.
Its primary goal is improving the Ethereum network and provide enterprise-friendly solutions for companies and start-ups looking to deploy blockchain technology. Areas of focus include scalability, privacy, and security.
Hyperledger is an instrumental organization in developing open source software used in enterprise connectivity and blockchain network establishment.
Both EEA and Hyperledger have similar broad blockchain goals. Working together in a sort of complementary approach could prove beneficial not just to the two organizations, but to the nascent blockchain industry.
Resnick and Behlendorf wrote in their joint blog:
“Our two organizations have similar objectives, such as broadening and strengthening the community around and the adoption of enterprise blockchain technologies. What we hope to get across to the public is that anyone who ever put a “versus” between EEA and Hyperledger got it wrong; it’s now conclusively “EEA AND Hyperledger.”
Hyperledger Fabric technology is key
Hyperledger’s Fabric technology is widely used and is currently one of the leading integrations in the industry. Its use in several sectors of the economy and continues to attract mainstream support, as shown when FedEx joined as one of the over 270 members.
The EEA and Hyperledger joint venture’s goal is that down the road, this mutually beneficial relationship will form the basis of increased collaboration between the two organizations.
Hyperledger’s project maintainers should find it easy to work with various EEA working groups.
“This relationship will 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.”
The news that EEA and Hyperledger are teaming up is the clearest indicator that the use of permissioned blockchains could follow in the footsteps of open, public blockchains that have dominated since 2017.
And as the lines separating the two continue to blur, significant developments in specifications and certifications could see more and more companies launch projects on enterprise blockchains.