The Enterprise Ethereum Alliance (EEA), a consortium of over 300 organizations set up to develop business solutions based on the Ethereum blockchain, announced yesterday a strategic alliance with the Hyperledeger Group, an initiative promoted by The Linux Foundation to advance blockchain technologies in the sector.
According to a press release published on the official blog of the Enterprise Ethereum Alliance (EEA), the two teams have joined forces to "accelerate the adoption of blockchain technologies for businesses." They comment that having similar objectives, the idea is to work together instead of competing against each other:
"The Enterprise Ethereum Alliance sponsors the development of specifications and standards for corporate blockchain networks, with a focus on those aligned with the broader Ethereum ecosystem Hyperledger promotes the development of open source software to establish, manage and connect networks business blockchain, so our two organizations have similar goals, with highly complementary approaches to achieving them.
Our two organizations have similar goals, such as the expansion and strengthening of the community and the adoption of corporate blockchain technologies. What we hope to convey to the public is that anyone who ever put a "cons" between EEA and Hyperledger was wrong; now it is definitely "EEA And Hyperledger".
Thanks to this strategic partnership, both platforms hope to create a common ground that allows developers to have more tools not only to create projects, but to make them more visible to the public.
Now, members of the EEA who work in accordance with the standards of Hyperledger can then place their developments as Hyperledger projects and vice versa.
Although the partnership was announced yesterday, the teams have confirmed that there are already ongoing developments that have been operating under both standards since 2017, demonstrating that this coalition is the result of several months of hard work.
One of the examples "Project Hyperledger Burrow, a bytecode implementation of Ethereum Virtual Machine (EVM) with Apache license"Another of the technological advances that may have provided clues to the joint work between the two platforms was the fact that Hyperledger added support for the Ethereum virtual machine to sawtooth-based networks.
They also commented that there is a working group that develops trusted execution environments in EEA, while Hyperledger is building a prototype implementation of these standards under the name of "Private Data Objects"