The Enterprise Ethereum Alliance (EEA) has announced the public release of its Enterprise Ethereum Architecture Stack.
Developed by EEA members, the stack defines the “building blocks needed to drive the Web 3.0 era of decentralized, connective intelligence.” The building blocks for the EEA specification focus on speeding up business transactions, building greater trust in deals, and developing more efficient business models.
EEA said that this would make up the next generation of Enterprise Ethereum applications that will work anywhere and are capable of facilitating smart contracts without intermediaries.
“With the public release of the stack, the EEA is on its way to delivering a world-class standards-based specification for Enterprise Ethereum solutions with a TestNet and certification program to follow,” said the EEA Executive Director Ron Resnick. “The EEA’s standards-based approach enables enterprises to deliver a superior customer experience and create new, and innovative solutions. Plus, having multiple vendors of choice will likely mean competition will drive down costs.”
While organizations developing an enterprise blockchain solution are required to build from the ground up, EEA’s architecture will change this. Going forward, Ethereum developers will use the specification to write code that will enable interoperability, motivating enterprise customers to select EEA specification-based solutions over proprietary offerings.
