Enterprise Ethereum Alliance (EEA), an enterprise collaboration focused on Ethereum blockchain technology formed earlier this year, has announced that 34 organisations have joined the initiative, bringing the total membership to over 150 organisations.

The newest members come from diverse backgrounds including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups. Among others, the government of Indian state Andhra Pradesh has also joined the alliance as a part of its effort to become a fintech hub.

J A Chowdary, Special Chief Secretary & IT Advisor to the Chief Minister, Government of Andhra Pradesh (India) said:

“As Fintech Valley Vizag in Andhra Pradesh aims to become a vital financial technology hub, it is working on adopting more robust systems that are cost-effective. With security issues all over the world, there is no doubt that blockchain technology is set to be the biggest disruptor not only in the financial world, but also a number of online and offline sectors. We are keen on integrating blockchain technology into governance and look forward to our collaboration with Enterprise Ethereum Alliance and provide market access to the community.”

In addition to the Government of Andhra Pradesh, the new EEA members include: 2Advise; Amalto Technologies; Antibiotic Research UK (ANTRUK); Aquilon Energy Services, Inc.; ASSETH; BLOCKO Inc.; Bloq; Cisco Systems; Cybersoft Digital Services Corp.; Enter Corporation Co., Ltd.; Equities.com, Inc.; Finclusion Labs, Inc. (WeTrust.io); HashCash Consultants; HEAL Alliance; iEx.ec; Lazarski University; Loyyal Corporation; MadHive; Mattr; NetObjex Inc.; OTP Bank Plc.; QIWI Blockchain Technologies LLC.; Revelry; RISKebiz; Scotiabank; Streami Inc.; Talkcrypto.org; Technical University of Munich; Texcent Asia Pte Ltd; TIS R&D Center, Inc.; TokenCard / Monolith; Ventured and Ypse IT Solutions.

“EEA’s rapid growth in membership mirrors the accelerating acceptance and deployment of Ethereum blockchain solutions in the global marketplace,” said Julio Faura, chairman of the board, EEA. “The technological breadth, depth and variety of organizations coming together under the auspices of EEA to create and drive enterprise Ethereum standards bodes well for the future development of the next-generation Ethereum ecosystem.”

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest