KDDI joined Enterprise Ethereum Alliance

Japanese telecom giant joined the Enterprise Ethereum Alliance
01 October 2017   1285

The Japanese telecom giant KDDI Corporation has joined the Enterprise Ethereum Alliance (EEA). This is reported by CoinDesk.

Occupying the 219 line of Fortune Global 500 rating, KDDI also cooperates with Couger, Trident-Arts and law firm Kentauros Works, testing technology solutions based on smart contracts developed by EEA.

In particular, representatives of KDDI noted that the solutions created on the basis of smart contracts can be effectively used to facilitate payments between companies. In addition to blockchain, the Japanese giant also plans to explore the possibilities of other innovative technologies, including artificial intelligence and the Internet of things that, according to KDDI representatives, can help in the development of "next-generation service platforms".

This proof-of-concept will extend beyond blockchains utilized by existing business and will validate business and technical issues and benefits for Open services built on platforms such as the Ethereum and includes non-financial interactions, and Smart Contracts for coordination with partner company services.

KDDI team

What is Enterprise Ethereum Alliance?

Enterprise Ethereum Alliance is a non-profit holding company, which includes mainly large companies and well-known start-ups. At the moment, the alliance includes more than 150 participants.

EEA aims to use Ethereum technology for corporate needs, focusing on aspects such as security, privacy and scalability.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   120

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.