chennai wipro limited on thursday announced that it has joined the enterprise ethereum alliance eea as a founding member eea is a collaboration of enterprises to promote develop and implement enterprise grade ethereumbased blockchain applications across industries for specific business use casesethereum is an opensource blockchainbased distributed computing platform featuring smart contract functionality the eea seeks to augment ethereum adoption as an enterprisegrade technology with research and development focused on privacy confidentiality scalability and securitywipro has been actively working on ethereum to develop enterprise blockchainbased industry solutions and assets on a number of industry use cases these solutions include delivery versus payments dvp settlement for securities and capital markets skiptrace consortia for banking peertopeer p2p insurance for the sharing economy anticounterfeit solution for supply chain traceability and many morejeremy millar founder of enterprise ethereum said the eea benefits from a diverse yet enterprisefocused membership base wipro brings a global perspective on it strategy and operations to this alliance we are very pleased to have wipro as a member as we launch the enterprise ethereum alliancewe are excited to be part of the founding team of the enterprise ethereum alliance and contribute towards key aspects such as security privacy and scalability as they will be the key determinants in accelerating blockchain adoption within enterprises enterprise ethereum is a great way to fasttrack enterprise adoption and ethereum is one of the fastest growing technology platforms used by our clients for developing and deploying enterprise blockchain said krishnakumar n menon vp service transformation wipro limited enterprise ethereum alliance also fosters collaboration within the emerging community of blockchain developers we look forward to working actively with the members of this alliance to shape the blockchain adoption by enterprisesits great to have wipro as a founding member of the enterprise ethereum alliance having organisations like wipro driving purposebuilt solutions and accelerating innovation for businesses adds significant credibility to the enterprise ethereum ecosystem said marley gray principal blockchain architect microsoftwipros blockchain innovation lab which is part of its blockchain coe center of excellence fast tracks the provisioning of blockchain environments to build usecase specific blockchain industry solutions the coe focus is to enable client businesses innovate and to stay in tune with the emerging technology trends in blockchain by conducting proof of technology experiments around areas like scalability performance and security of blockchain platforms to enable enterprise level talent development on blockchain technologies like enterprise ethereum wipro has also created a blockchain academy to build inhouse competency through a multilevel programme