Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

  • Microsoft is among the companies set to form the Enterprise Ethereum Alliance — an organization that will create a standard version of Ethereum software for businesses to use for tracking data and financial contracts.
  • Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts.
  • The new Ethereum alliance has been described by some of its backers as a way to insure that the IBM-led blockchain effort is not the only option for businesses looking to use the technology.
  • “We are pretty equally spending our time across the different chains,” said Alex Batlin, the global head of blockchain at Bank of New York Mellon, which is joining the Ethereum alliance.
  • Some of the companies working in the new alliance hope that the private Ethereum blockchains will, at some point, be able to connect to the public Ethereum blockchain, creating a standard for information storage and movement around the world.

SAN FRANCISCO — Microsoft, JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking using software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”