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Two Large Blockchain Organizations Announce Partnership

Published: 02/10/2018
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What is it for?

The representatives of Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have announced a partnership in which they intend to develop common standards for corporate blockchain systems, according to a message on the official Hyperledger website.

 

It is specified that each company became a part of another firm as an associate member.

 

Ron Resnick, the head of the EEA, called such a partnership a great opportunity, as Hyperledger experts can now more freely participate in the Enterprise Ethereum Alliance certification procedures. According to the statement, the cooperation of these two companies will help to speed up the implementation of the distributed ledger technology into the business sphere.

 

Brian Behlendorf, executive director of Hyperledger, believes that, as a result of the merger, clients of corporate blockchain systems will have access to a broader supplier base and will be able to implement solutions more confidently using a distributed ledger.

The prerequisites for the partnership of two companies with similar goals began to appear some time ago. For example, in 2017, the Hyperledger Burrow project was launched, including the use of the bytecode interpreter of the Ethereum virtual machine, based on the Apache license.

 

As previously reported, FedEx, a large US logistics company, became a member of the Hyperledger blockchain project. The initiative has brought together more than 270 partners to introduce blockchain technology into various areas of production and services.

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