“It’s things like blockchain technology that really help build more fair and auditable markets. Industries do not want to see a central provider emerge in their industry that forces everybody to just live on their estate and sucks up all the profits from that sector. It’s funny how much convergence and agreement there is between the needs of many of these industries and, frankly, the needs of many people thinking about social impact.”
Behlendorf concluded:
“There is a lot of inspiration we can take from the cryptocurrency community and from the broader Ethereum community in thinking about how to build these things at scale in a way that helps bring trust back to digital systems that I think we’ve lost in a big way.”
The Enterprise Ethereum Alliance (EEA) is the first global standards organization which delivers an open, standards-based architecture and specification to accelerate the adoption of Enterprise Ethereum. The EEA is designed to serve three purposes on its blockchain. First, it is a governance and standards body for Ethereum’s enterprise applications. Second, it aims to retain compatibility with and enhance public ethereum. Finally, the EEA ensures rapid technical innovation and enterprise-grade governance.
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.
Last year, the company launched the Hyperledger Burrow project, an Apache-licensed implementation of the Ethereum Virtual Machine (EVM) bytecode interpreter. Recently, Hyperledger welcomed global shopping giant FedEx to join the open-source blockchain consortium and contribute to the technology adoption.