RATE Group | Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability
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Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

15 Jan Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

Posted at 23:24h in Ethereum News by

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The Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020.

The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum can be standardized according to certain specifications set out previously by the EEA, which will make them interoperable with each other. There are now hundreds of companies working on enterprise versions of ethereum, plus an entirely new cohort of industry players joining the fold via Hyperledger’s ethereum-based member Besu, making standardization a priority.  

As it stands, ethereum-based clients and protocols are frequently unable to talk to each other. For example, Quorum, the privacy-centric version of ethereum built by mega-bank JPMorgan, can’t operate with Hyperledger Besu, which is designed to work seamlessly across private…

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