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Enterprise Blockchain Platform Filament Joins The Enterprise Ethereum Alliance To Advance Enterprise Blockchain

BFSI News

Enterprise-Blockchain_Platform-Filament-Joins-The-Enterprise-Ethereum-Alliance-To-Advance-Enterprise-Blockchain Enterprise Blockchain Platform Filament Joins The Enterprise Ethereum Alliance To Advance Enterprise BlockchainEnterprise Blockchain solutions provider, Filament has joined the world’s largest open source blockchain initiative, enterprise Ethereum Alliance (EEA), to advance Enterprise Blockchain deployments. The Reno, Nevada-based company has now become a member collaborating with industry leaders in pursuit of Ethereum-based enterprise technology best practices, open standards, and open-source reference architectures.

Seated in Reno, Nevada with offices in Denver, Colorado and Saint Paul, Minnesota, Filament develops comprehensive Blockchain systems for the enterprise and the Industrial Internet of Things (IIoT). Its Blocklet™ products offer Blockchain native tools and technology for enterprises and industrial corporations, allowing them to securely process and record transactions directly from IoT devices, secure RFID tags, manufacturing equipment, vehicles, and other connected machines. It also ensures digital trust from the edge to drive smart contracts, automation, compliance, and new revenue streams. Filament’s solutions are being utilized by global corporations in the sectors like automotive, communications and other enterprises. Filament CEO Allison Clift-Jennings said that their solutions feature turn-key support for Ethereum and Hyperledger Fabric, enabling devices to transact natively with multiple enterprise blockchain platforms. He also said that the EEA’s efforts in evolving Ethereum into an enterprise-grade technology help advance blockchain adoption with their customers and partners worldwide.

Now being a member of EEA, Filament is also a member of Hyperledger, the Linux Foundation open source collaborative effort to advancing cross-industry Blockchain technologies. The EEA has more than 500 member companies that come from different kind of business sectors from every region of the world, ranging from technology, banking, government, to healthcare, energy, pharmaceuticals, marketing, and insurance. Its industry-focused, member-driven working groups are each tasked with developing and delivering specific advancements to the development and deployment of Ethereum-based technologies.