Wipro Limited today said it 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.
Ethereum is an open-source, blockchain-based distributed computing platform, featuring smart contract functionality.
The EEA seeks to augment Ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security.
In a release here, Wipro said it had 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.
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