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Wall Street Blockchain Alliance, a non-profit trade association that promotes the adoption of blockchains on global markets, has formed the Enterprise Solutions working group to accelerate the development of blockchain-related policies and issues related to Implementation of blockchain on a company level.
The EWG joins with other bodies created by the WSBA, including the working groups Accounting, Cryptoassets, Legal and Product & Technology. He will be led by Andrea Tinianow, chief innovation officer and executive vice president of Global Kompass Strategies. He created the Delaware Blockchain Initiative, which works on the implementation of blockchain technology in the state government and on the implementation of blockchain-friendly legislation.
It is likely that the blockchain will not see a point of support in the accounting sector until it is better regulated at government level, so this move could become a significant step towards the adoption of blockchains for accountants.
The EWG will be officially launched in December. The plan calls for the EWG to meet on a bi-weekly basis to discuss policy issues as well as the practical challenges and implications of setting up and implementing blockchain-enabled applications at the corporate level. According to the WSBA, real-life examples will be explored, with "a rigorous attention to the lessons learned and take aways that can be shared within the group and the organization as a whole." The issues under consideration include business models, governance, obtaining support from stakeholders, technological alternatives and technical aspects of implementation.
"The WSBA is an exceptional resource for consultants, professionals and developers in the blockchain space," commented Tinianow. "I am enthusiastic and privileged to lead this important group in what promises to be a critical year for the adoption of blockchain technology within financial services." EWG will set up a forum for members to share experiences, exchange ideas and collaborate on related projects to support the successful implementation of blockchain technology at company level ".
WSBA president Ron Quaranta added that the EWG "ties together the revolutionary work that the organization is already undertaking with practical, concrete and feasible insights that our members can use to" make the real blockchain "inside their organizations".
