Two of the world’s largest blockchain organisations have joined forces to help accelerate the mass adoption of blockchain technologies for business.

The Enterprise Ethereum Alliance (EEA), a global standards organisation driving the adoption of Enterprise Ethereum, and Hyperledger, an open source blockchain initiative designed to help industries build and adopt tools utilising blockchain, have become associate members within each other’s organisations.

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This means the leadership of both will be able to collaborate across tens of special interest groups, working groups, meet-ups and conferences globally, across hundreds of thousands of developers in both communities. EEA community members working on specifications and standards can turn to Hyperledger to collaborate on software implementations of those standards.

“This is a time of great opportunity,” says EEA executive director, Ron Resnick. “Collaborating through mutual associate membership provides more opportunities for both organisations to work more closely together. In addition, Hyperledger developers who join the EEA can participate in EEA Certification to ensure solution compliance for projects related to the Enterprise Ethereum Client Specification.”

Blockchain technology is increasingly being used within organisations, but also within the supply chain to increase efficiency and transparency.

Essentially, blockchains are computer networks running in an open-source (everyone can view and collaborate on them), decentralised (no middlemen) fashion. The network or software or protocol can be leveraged to support digital coin purchases or peer-to-peer record-keeping transactions such as logging a garment’s certificate of origin or fabric composition.

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For more information on blockchain, how these chains work, and whether they really can revolutionise the fashion industry, click on the following link: Can blockchain transform the apparel supply chain?

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