Microsoft, Ethereum Group Launch Token-Building Kit for Enterprises
Microsoft and the Enterprise Ethereum Alliance have corralled major firms behind a new project to help businesses design and create tokens.
Enterprise Ethereum Alliance (EEA), the business end of the second-largest blockchain, has appointed a new executive director, Daniel C. Burnett.
The EEA is launching testnet to iron out interoperability issues between commercial ethereum projects.
Formed in 2017, the Enterprise Ethereum Alliance helped large corporates and tech providers experiment with blockchain.
The Enterprise Ethereum Alliance has created a token to incentivize firms to participate in consortiums. The system is backed by Microsoft and Intel.
The EEA has published its latest client spec, which simplifies permissioning systems for enterprise blockchains, among other recommendations.