Peer Mountain joins Enterprise Ethereum Alliance

Peer Mountain joined Enterprise Ethereum Alliance to solidify its position in the enterprise realm as the announcement came out on June 4
04 June 2018   970

The world's largest open-source blockchain initiative Enterprise Ethereum Alliance (EEA) welcomes its new member Peer Mountain. An access to direct collaboration with industry leaders and a chance to enhance its solutions for enterprise became the reason of such move.

Peer Mountain will take part in cultivating and designing best practices, open standards and open-source reference architectures based on Ethereum blockchain.

Membership in the EEA will help boost development of our enterprise-ready cross-chain protocol that connects SSID holders with businesses, enabling scalable blockchain commerce. We look forward to contributing the the EEA's collective expertise. Working closely with our fellow alliance members, we hope to accelerate enterprise-level adoption of blockchain technology and enable our clients to deliver innovative solutions to their customers.

 

Jed Grant

CEO and Founder, Peer Mountain

Peer Mountain is the cross-blockchain protocol that connects self-sovereign ID holders with businesses, enabling commerce at scale. It provides instant cost-effective regulatory compliance, enables clients to take full control over the personal information and pays ID verifiers for the trustworthiness.

Reddit Founder to Share Thoughts on Crypto Winter

Alexis Ohanian believes that overall market fall allows to clean industry from speculators and its good for long-time health
22 February 2019   110

The prolonged fall in the cryptocurrency market allows the industry to get rid of speculators, freeing up space for real cryptocurrency enthusiasts. This was announced by the founder of the Reddit social network, Alexis Ohanian, in an interview with Yahoo Finance.

He noted that such mass cleaning is beneficial to the industry’s long-term health.

Now, it's still to be seen. But what's a strong signal to me is still some of the smartest people I know in tech are working on solving these problems. They're building companies that are built on blockchain. The hype is gone. The fervor is gone. But I think that's a good thing.
 

Alex Ohanian

Founder, Reddit

In February, Reddit attracted $ 300 million investment and reached an estimate of $ 3 billion. The Chinese holding Tencent ($ 150 million), investment firms Sequoia and Fidelity, as well as the musician Snoop Dogg, took part in the round of financing.

Earlier, the head of Pantera Capital, Dan Morehead, said that market participants should not worry about cryptosis, as the current situation opens up good prospects for the future development of the bitcoin and blockchain industry.

A similar point of view was expressed by the founder of Morgan Creek, Anthony Pompiano, in November 2018, stating that the bear market is throwing "tourists" out of the game.