by Nuno Menezes
The Enterprise Ethereum Alliance (EEA) announced on May 2, 2018, its Enterprise Ethereum specification strategy by publicly releasing the company’s Enterprise Ethereum Architecture Stack (EEAS). The new release is supposed to support and streamline the development of the next generation of Ethereum applications which in turn will facilitate the implementation of smart contracts.
Next Generation Applications
According to Finextra, the new development aims to provide the building blocks to enable decentralized and connective intelligence. EEAS will provide the infrastructure for the next generation of Ethereum applications and will be made publicly available for download.
Ron Resnick, the EEA Executive Director, commented:
“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.”
The Enterprise Ethereum Alliance is comprised of more than 500 members, and all of them gave their contribution to the stack development. The project jumpstarted 18 months ago and since then about 500 organizations have joined the project and provided their input. With this, EEA was able to facilitate the creation of close to 20 member-led EEA User and Technical Working Groups that helped to define market requirements and write the EEA specification.
We are happy to announce that we’ve joined the Enterprise Ethereum Alliance, the world’s largest open source blockchain initiative. Ethereum will be the first several chains supported by ArcBlock though our chain adapters. #arcblock #EEA #blockchain #ICO pic.twitter.com/HZt8S8BV9o
— ArcBlock (@ArcBlock_io) February 1, 2018
The move is going to bring a new wave of developments as the stack is capable of enabling an easy and straightforward way of implementing Ethereum‘s smart contract technology and allow a new wave of apps to be developed.
Resnick went on saying:
“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.”
EEAS will also allow the smart contracts to be implemented without the need of intermediaries. Moreover, users and developers interested in developing their own apps can get the EEAS for free. Once they download the Stack, they will have access to a walkthrough which they can listen to and learn how to use the EEAS.
So far, the development of blockchain solutions required organizations to build from scratch, trying to find the best way to implement their solution with the Ethereum blockchain, which often turned out to be a tough task. Now with the EEAS, this process will be significantly simplified for companies.
The EEAS will enable developers to use its stack specification to write code that is bound to allow an interoperable environment to motivate enterprise customers to select EEA specification-based solutions over proprietary offerings.
With the EEAS there will be an infrastructure facilitating a new wave of development on the Ethereum network. Moreover, it will also be the doorway to bring a lot more developers onto the ecosystem.