Enterprise Ethereum Alliance (EEA)
In short: The Enterprise Ethereum Alliance (EEA) is a group of organizations and companies working together to move the Ethereum network forward, with a focus on…
The Enterprise Ethereum Alliance (EEA) is a group of organizations and companies working together to move the Ethereum network forward, with a focus on business use. Its members, ranging from large corporations to start-ups and research groups, develop open standards for building enterprise applications on Ethereum technology.
Why it matters
Businesses often need things the public Ethereum network does not offer by default, such as private transactions, control over who can join a network, and predictable performance. Without shared rules, every company could build its own incompatible version of Ethereum. The EEA publishes specifications, including a specification for enterprise Ethereum clients, so that software from different vendors can work together and stay compatible with the public network. Developers benefit because the smart contract languages and tools they already use on Ethereum carry over to enterprise networks.
Example
A group of companies in a supply chain sets up a permissioned network built on Ethereum technology, where only approved members can run nodes and read the data. Because their client software follows shared specifications, developers write smart contracts in familiar languages, and the network can later record fingerprints of its data on the public Ethereum mainnet as independent proof that the records existed.