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   451

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.

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   92

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.