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New participants join the Enterprise Ethereum Alliance

18 July 2017 21:00, UTC

According to Coin Desk.com, such companies as Mastercard, Cisco Systems, QIWI Blockchain Technologies and also the government of the Anghra Pradesh state in India announced their membership in the Enterprise Ethereum Alliance (EEA).

Apart from them, other 29 members joined the Alliance making a total number of 150 participants. It should be emphasized that the government of the Anghra Pradesh Indian state is the second government outside the US to join the EEA. It followed the state of Illinois  in the US that had become a member of the Alliance in May.

According to special chief secretary and IT advisor to the state's chief minister, J.A. Chowdary, the state government would like to turn the region into a financial technology hub using the EEA membership and also to integrate the blockchain technology into its governance.

The official website of the Enterprise Ethereum Alliance says that the main mission of the EEA is to use Ethereum technology for corporate needs and the organization pays attention to such aspects as security, confidentiality and scalability.

EEA's chairman of the board, Julio Faura, noted that diversity of organizations that joined the EEA to create and manage Ethereum corporate standards is a good sign for the future development of the next-generation Ethereum ecosystem.