On August 30, the official Twitter handle of the Wanchain Foundation, an interoperable blockchain with multiparty processing, announced its collaboration with the Enterprise Ethereum Alliance [EEA]. In the formal announcement of Wanchain, the company's vice president, Oliver Birch said:
"We are very happy to be members of the EEA The Alliance enables us to work with industry leaders to address Specific use.We look forward to helping the community by connecting the digital resources of the world. "
The Enterprise Ethereum Alliance is an initiative to connect established industrial institutions, such as companies Fortune 500, startups, technology providers and academics with Ethereum subject matter experts. The alliance plans to stabilize costs for local customers, introduce more support and interoperability of suppliers through its testing and certification programs.
Some of the Fortune 500 companies associated with this alliance are JP Morgan, Accenture, CME Group, Intel and Microsoft, Santander, Ernst & Young, Infosys, Shell Global Solutions International and many others.
About four months ago, the Enterprise Ethereum Alliance announced the launch of its EEA Stack, which is known for being the architecture of the era involving the Web 3.0 or the 3rd generation of the Internet. Here, the most important characteristics on which it focuses are decentralization and connective intelligence.
On the other hand, Wanchain is a blockchain platform that aims to provide security to its user base in order to offer a regular service for the exchange of digital goods. Wanchain also worked with the Token Alliance just to ensure the sustainability of the token ecosystem.
Goran879, a Twitter user and blockchain enthusiast about this announcement commented:
"Alliances, adoption and networking are the true foundation for every business development and ultimately successful"
A Twitter handle called Earthship, concerning the price of the Wanchain token, he also wrote:
"Yet another reason why the price of wanchains should drop."
Another fond of blockchain and cryptocurrency, Redmundjones said:
"L & # 39 Wanchain's entry into the Enterprise Ethereum Alliance is one of the most significant moves that the nascent startup can get … is thrilled by the cross-chain advancement opportunities that open up .. #Hodlwan "