The Enterprise Ethereum Alliance (EEA) has released their Enterprise Ethereum Architecture Stack (EEAS) today, May 2. The new software stack standardizes the specifications for Ethereum-based business applications for the Web 3.0 era.
The EEA is a group of companies focused on improving the privacy, scalability and security of Ethereum blockchain applications. Formed in February 2017 by Santander, JP Morgan and a number of other founders, the organization has grown to over 500 members by 2018.
The EEAS, which the EEA has been developing for a year and a half, will serve as a “framework element of the world’s decentralized operating system,” according to Ethereum co-founder Joseph Lubin.