A British multinational banking Standard Chartered Bank revealed in a blog post published on November 6 that it has joined Enterprise Ethereum Alliance (EEA) an organisation whose aim is to empower all enterprises uses Ethereum blockchain technology.
According to the post, Standard Chartered will get together with leaders from other institutions in pursuit of Ethereum based enterprise technology best practices, open standards, and open-source reference architectures as being a part of EEA.
Dr Michael Gorriz, Group Chief Information Officer at Standard Chartered pointed out that “Technology enables us to facilitate trade and investment across footprint markets, improving client experiences and offering new services,”
“We are excited to be a part of the EEA and look forward to opportunities where we can collaborate with other leading industry players to deepen blockchain research and application in the banking sector.” He added.
The EEA membership base constitutes a wide range of business sectors such as technology, banking, legal, government, healthcare, energy, pharmaceuticals, marketing, and insurance.