Enterprise Ethereum Alliance Adds Wipro
Indian IT solutions company Wipro Limited has joined the Enterprise Ethereum Alliance (EEA) as a founding member.
EEA is a collaboration of enterprises to promote, develop and implement enterprise-grade, ethereum-based blockchain applications across industries for specific business use cases. Other founding members include Accenture, Banco Santander, BNY Mellon, Intel, J.P. Morgan, Microsoft, and Nuco.
The group seeks to augment ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability, and security.
According to Wipro’s official announcement, it has been actively working on ethereum to develop enterprise blockchain-based industry solutions and assets on a number of industry use cases. These solutions include Delivery versus Payments (DvP) settlement for securities and capital markets, skip-trace consortia for banking, peer-to-peer (P2P) insurance for the sharing economy, and anti-counterfeit solution for supply chain traceability, among other functions.
Wipro has also established the Blockchain Innovation Lab as part of its Blockchain COE (Center of Excellence) to support the advanced developments. The lab has been founded to build use-case specific blockchain solutions.
EEA founder Jeremy Millar said that the group will benefit from a diverse, yet enterprise-focused membership base. “Wipro brings a global perspective on IT strategy and operations to this alliance. We are very pleased to have Wipro as a member as we launch the Enterprise Ethereum Alliance.”
“We are excited to be a part of the founding team of the Enterprise Ethereum Alliance and contribute towards key aspects such as security, privacy and scalability as they will be the key determinants in accelerating blockchain adoption within enterprises,” said Wipro Limited service transformation vice president Krishnakumar N Menon. “Enterprise Ethereum is a great way to fast-track enterprise adoption and Ethereum is one of the fastest growing technology platforms used by our clients for developing and deploying enterprise blockchain. Enterprise Ethereum Alliance also fosters collaboration within the emerging community of blockchain developers. We look forward to working actively with the members of this alliance to shape the blockchain adoption by enterprises.”
“It’s great to have Wipro as a founding member of the Enterprise Ethereum Alliance,” said Marley Gray, Principal Blockchain Architect, Microsoft. “Having organizations like Wipro driving purpose-built solutions and accelerating innovation for businesses, adds significant credibility to the Enterprise Ethereum ecosystem.”
