Enterprise Ethereum Alliance (EEA) published a set of standards called Enterprise Ethereum Architecture Stack (EEAS), defining the specifications of business applications based on Ethereum. EEAS will provide the guiding framework for companies that provide infrastructure tools and elements to create a new generation of enterprise applications based on Ethereum.
EEA represents a group of companies dealing with privacy issues, scalability and security of such applications. The organization was founded in February 2017 and by today it has more than 500 members.
EEAS, which EEA has been working on for a year and a half, will serve as a "framework element of the global decentralized operating system," said Joseph Lubin, co-founder of Ethereum.
By making the EEAS publicly available, companies looking to build solutions based on the Enterprise Ethereum specification now have a conceptual framework to develop enterprise Ethereum solutions. The EEA's next major deliverable, the Enterprise Ethereum specification, will integrate concepts and technologies from the public Ethereum [blockchain] with the work [conducted] by the EEA to create the Enterprise Ethereum specification. This unified approach will ensure interoperability, multiple vendors of choice, and lower costs through competition.
Executive director, EEA
Among the founders of EEA there are JPMorgan and Santander. Later, Mastercard, Intel, Microsoft, Sberbank and a number of other companies joined the group.