World`s two biggest Blockchain consortia announce partnership
The crypto market is showing the last months mainly stagnation, but nevertheless, the industry doesn`t stop exploring new possibilities. Last Monday, the two biggest Blockchain enterprises, Hyperledger and Enterprise Ethereum Alliance (EEA), announced that their collaboration on new standards for the Blockchain and the ‘open-source community’.
The cooperation is intended to speed up the adoption of Blockchain within the business world, commented the two parties in a joint statement. Ron Resnick, Executive Director of the EEA, is calling it a “time of great possibilities”. This partnership shall also ensure the transfer of knowledge between the organizations. For example, Hyperledger developers who join the EEA can also acquire EEA-certificates. On the other hand, this partnership allows the EEA community, to see together with Hyperledger how they can implement their developed specifications and standards into their software.
We see lots of organizations joining forces when it comes to Blockchain but their announcement is especially striking because the EEA and Hyperledger are two of the three largest and most influential parties in the crypto world. The third biggest enterprise is the R3 Corda ecosystem. The EEA was founded in 2017 and started with about 30 members, by the end of 2017 the company was already the largest Blockchain consortium with members such as the Indian Government. Hyperledger started earlier, around December 2015 as an industry oriented, open-source Blockchain project led by the Linux Foundation. Around July 2017 they launched the Hyperledger Fabric, a Blockchain software kit for industries and enterprises. A notable user of the Hyperledger Fabric, for example, is the world’s biggest shipping company: Maersk.
The cooperation also puts an end to the ongoing rumors of rivalry between the parties. According to Hyperledger Director Brian Behlendorf, the cooperation between the two parties, however, is only logical, given that open standards depend on a good open-source code. Behlendorf confirmed that the ongoing stories about rivalry between the two are certainly not true:
“Our two organizations have similar objectives, such as broadening and strengthening the community around and the adoption of enterprise blockchain technologies. What we hope to get across to the public is that anyone who ever put a “versus” between EEA and Hyperledger got it wrong; it’s now conclusively “EEA AND Hyperledger.”