Enterprise Ethereum Alliance Announces Three Additional Work Groups

The Enterprise Ethereum Alliance has announced the addition of three new work groups, taking the total number of work groups at the consortium up to 17.

The group, which oversees the development of common standards for the ethereum blockchain, launched the new member-driven work groups this week, specifically set up to examine issues of interoperability, identity and energy.

The news marks the latest expansion of the Enterprise Ethereum Alliance, which was set up back in February of this year. Since then, the group has drawn an increasing number of members from across industry sectors, working through different areas of technical innovation and development for the blockchain.

The first of the new committees will examine identity, and aims to establish a taxonomy that can become a new standard for handling digital identity on the ethereum blockchain.

The second working group will examine specific implementations across the energy sector, one of the industries projected to be among the main beneficiaries of smart contracts and the ethereum blockchain.

The third working group is studying interoperability of the ethereum blockchain with other software, hardware and blockchain components, to develop standards that enable ethereum developments to link up seamlessly with other technical resources.

Jeremy Millar, founding board member at the Enterprise Ethereum Alliance, said the working group structure was key to the success of the alliance’s efforts thus far. 

“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 businesses.

“Identity, energy and multiplatform interoperability are three areas where EEA members see real advantages to using Ethereum technologies in 2018. Working groups allow them to innovate, test new ideas and stay competitive.”

The Enterprise Ethereum Alliance consists of over 300 member companies, including representatives from a broad cross-section of industries and sectors.

The companies work in collaboration through the Enterprise Ethereum Alliance to develop for the ethereum blockchain, in a bid to make ethereum the go-to blockchain for enterprise deployments.