On May 16, the Enterprise Ethereum Alliance (EEA) launched the Enterprise Ethereum Client Specification 1.0. This is aimed at increasing interoperability for companies that use Ethereum blockchain-based solutions. The new product is an open-source, cross-platform framework which ensures increased faith constructions in smart contract-based systems.
The EEA was formed in March 2017 by JPMorgan, Santander, Accenture and about 500 other enterprises to focus on improving the privacy, scalability, and security of Ethereum blockchain applications.
Through the GraphOS Consortium, a group of executives from blockchain and a number of other industries will be collaborating in the development of a technological and economic framework for GraphOS. The site mentions the following:
“The EEA Specification provides insight into the future of scalability, privacy, and security – a single, interoperable, development framework for spanning both permissioned and public Ethereum networks.”
The released framework is available for free download and is allowed to be publically implemented. It even features tools developed by the Ethereum foundation which will avoid any concerns with regards to its credibility.
EEA is also considering the release of a TestNet in the future to guarantee interoperability across members. But for now, EEA’s members-only Certification Program has been established to ensure conformity and interoperability of member-networks to established standards.
The EEA has remained relatively quiet since inception and, despite establishing a number of working groups and continuously adding enterprise organizations to its roster, has launched few large-scale projects.
Notably, the EEA has remained relatively quiet since inception and, despite establishing a number of working groups and continuously adding enterprise organizations to its roster, has launched few large-scale projects. However, they are planning to turn things around with the launch of this project Enterprise Ethereum Client Specification 1.0.