Wipro now a part of Enterprise Ethereum Alliance
Wipro has joined the Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise-grade Ethereum-based blockchain applications across industries for specific business use-cases.
The EEA seeks to augment Ethereum adoption as an enterprise-grade technology, with research and development focussed on privacy, confidentiality, scalability and security.
Wipro has been actively working on Ethereum to develop enterprise blockchain-based industry solutions and assets on a number of industry use-cases. These solutions include Delivery versus Payments (DvP) settlement for securities and capital markets, skip-trace consortia for banking, peer-to-peer (P2P) insurance for the sharing economy, anti-counterfeit solution for supply chain traceability and many more.
Wipro’s Blockchain Innovation Lab, which is part of its Blockchain COE (Center of Excellence), fast tracks the provisioning of blockchain environments to build use-case specific blockchain industry solutions. The COE focus is to enable client businesses innovate and to stay in tune with the emerging technology trends in blockchain by conducting proof of technology experiments around areas like scalability, performance and security of blockchain platforms. To enable enterprise-level talent development on blockchain technologies like Enterprise Ethereum, Wipro has also created a Blockchain Academy to build in-house competency through a multi-level program.
Jeremy Millar, founder of Enterprise Ethereum, said, "The EEA benefits from a diverse, yet enterprise-focussed membership base. Wipro brings a global perspective on IT strategy and operations to this alliance. We are very pleased to have Wipro as a member as we launch the Enterprise Ethereum Alliance."
“We are excited to be a part of the founding team of the Enterprise Ethereum Alliance and contribute towards key aspects such as security, privacy and scalability as they will be the key determinants in accelerating blockchain adoption within enterprises. Enterprise Ethereum is a great way to fast-track enterprise adoption and Ethereum is one of the fastest- growing technology platforms used by our clients for developing and deploying enterprise blockchain,” said Krishnakumar N. Menon, Vice-President, Service Transformation, Wipro. “Enterprise Ethereum Alliance also fosters collaboration within the emerging community of blockchain developers. We look forward to working actively with the members of this alliance to shape the blockchain adoption by enterprises.”
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