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Ethereum Enterprise Alliance releases new specifications

The Ethereum Enterprise Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers who use private iterations of Ethereum Blockchain, according to statements shared with Cointelegraph.

At today's DevCon4 in Prague, EEA announced the release of its specific Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5. The first is a development of common standards, which aims to ensure that the developers of Ethereum write the code that "[motivates] corporate customers to select solutions based on EEA specifications on proprietary offers. "

The V2 customer specification will essentially offer a label of sorts, which means that a product has undergone third-party testing in order to be sold as an EEA compliant.

This latest release of specifications is a set of APIs (Application Programming Interface) that can move the "out of chain" transactions for the calculation elsewhere, and then move a summary into the "main chain". The EEA APIs using recently released specifications would offer programmers' methods to move data off-the-shelf independently of a single trust-verification method. The APIs have been reviewed to be compatible with safe execution environments, zero-knowledge tests and reliable multi-partum computing.

The executive director, Ron Resnick, stated that "companies can choose the most reliable calculation methods that work best for their use case, whether it be supply chains, banks, stores or other large ecosystems based on the company ".

AEA aims to broaden its set of standards by bringing new companies from various sectors to the board to the list of member organizations, which exceed 500. Speaking with Cointelegraph, Resnick said it sees further potential for EEA standards. in simplifying the process of payment in chemical supply chains, as well as various applications in the automotive industry, trucking, dealing with music piracy and health services.

The organization of the blockchain standards released the first version of the Enterprise Ethereum Client specification in May. The first specific interaction aimed at interoperability would be "fundamentally" [be] the catapult that launches the whole ecosystem, "Resnick said at the time, he told Cointelegraph:

"Without interoperability, big players will not want to jump in, because they do not want to be locked up in a particular supplier for a proprietary solution […] It attracts more and more bigger players to come in and make a commitment, because they feel a little safer than not getting stuck ".

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