.jpg){kind=avatar}
Thirty large companies across tech and finance verticals announced the formation of an organization that will create a standard version of Ethereum software for businesses to use for specific use cases such as tracking data and executing financial contracts.
{
Some of the companies working in the new alliance hope that the private Ethereum blockchains will, at some point, be able to connect to the public Ethereum blockchain, creating a standard for information storage and movement around the world. “Even if you create private networks, if you can anchor them to public networks, you get an extremely strong set of links together,” Mr. Batlin, of BNY Mellon, said.
unknownx500
More posts by Sean Lippel
Recent posts from News by FinTech Collective
