Today, Monaco announced its membership in world's largest blockchain initiative - Enterprise Ethereum Alliance. As a platform in avantgard of blockchain payment technologies and cryptocurrency, Monaco will further support the security of the blockchain as a platform and help the adoption of Ethereum in the enterprise.
We are delighted to join EEA members from Fortune 500 enterprises, startups, and academics to develop an open-source standard and, in turn, evolve Monaco's services in tandem with advances in public Ethereum. Keeping all businesses with a blockchain component accountable with a robust governance model aligns with Monaco's goal of honest financial products that improve lives.
Co-Founder and CEO, Monaco
The fact of beings surrounded by the titans of the industry such as Microsoft, J.P. Morgan, Cisco Systems, Deloitte, Thomson Reuters and others will surely enhance Monaco's competence on the market and encompass its technology and products such as recently announced Monaco Visa Card, Auto Invest and Wallet to be of superior quality. The Alliance itself is a solid ground for developing enterprise-grade technologies, industry standards and R&D in privacy, scalability and security of the public permissionless network.