On October 29, 2018, the Enterprise Ethereum Alliance (EEA) announced in Prague at DevCon 4 two new software specifications that will help businesses standardize future code developments on an enterprise version of the Ethereum blockchain.The first specification, Client Specification V2, defines the implementation requirements for Enterprise Ethereum clients, including interfaces to the external-facing components of Enterprise Ethereum and how they are intended to be used. The standardization of performance, permissioning and privacy demands of enterprise deployments are viewed as a necessary step by the EEA in order to help the growing number of vendors developing Ethereum clients to ensure that different clients can communicate with each other and all reliably work on an enterprise Ethereum network. EEA Executive Director Ron Resnick stated that “using the EEA Specification, Ethereum developers can write code that enables interoperability, thus motivating enterprise customers to select EEA specification-based solutions over proprietary offerings”. It should be noted that, while Ethereum has been basis for the majority of enterprise blockchain projects, 2018 has also seen developments using Cardano, EOS, QTUM and TRON, among others. Aside from digital currency, enterprise or platform tokenization remains a hotbed for blockchain-based startups, with the vast majority of those needing an ecosystem where ...
