Until today, organizations had to create proprietary versions of a permissioned corporate Ethereum implementation. Thanks to the EEA’s new client spec, the global development community can now design their Ethereum solutions via a coordinated, interoperable foundation.
Announced today, the Enterprise Ethereum Alliance has released the Enterprise Ethereum Client Specification 1.0.
Incorporating components developed by the Ethereum Foundation[1], the alliance declares the new spec has been designed to provide global corporate Ethereum developers with a "single, open-source, cross-platform standards-based framework to speed up business transactions, build a greater trust in contracts, and create more efficient business models."
Based on the recently developed Enterprise Ethereum Architecture Stack[2], the new EEA client specification will effectively replace the costly multi-protocol approaches that previously defined the corporate Ethereum landscape.
Resulting from 18 months of "intense collaboration" between leading enterprises and the EEA's technical committee, Client Specification 1.0 could help spur mass adoption "at a depth and breadth otherwise unachievable in individual corporate silos," said EEA Executive Director Ron Resnick.
"Microsoft joins the other members of the EEA in celebrating the release of the Enterprise Ethereum Client Specification 1.0 open standard for high-performance, cross-platform enterprise blockchain. With this significant step, the EEA has defined a modern layered architecture designed to deliver a high-performance, cross-platform solution and ecosystem for the global enterprise community comprised of the world's largest companies and the most innovative startups," said Marley Gray[3], a founding EEA member from Microsoft and principal architect of the company's Azure blockchain.
By utilizing "hybrid architectures," Spec 1.0 may assist with general Ethereum development issues, such as scalability, privacy, and security for both permissioned and public Ethereum networks.
The EEA is planning to introduce a testnet for further exploration and trials of interoperability across its members' projects.
