LOS ANGELES, Could 17, 2018 (GLOBE NEWSWIRE) — Ivy, a blockchain-based monetary companies firm trying to change the way in which banking transactions are carried out, introduced at this time that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open supply blockchain initiative.
As a member of the EEA, Ivy will collaborate with leaders in pursuit of Ethereum-based enterprise expertise finest practices, open requirements, and open-source reference architectures and work to contribute to the alliance as and liaise with its fellow banking and monetary members.
“A membership with a corporation just like the EEA is invaluable,” famous Gary Fan, President of Ivy. “It provides us higher skill to faucet the collective experience of the alliance and work with different EEA members within the banking and monetary sectors to drive ahead world-changing Ethereum based mostly services.”
With greater than 500 member corporations, the EEA membership base represents all kinds of enterprise sectors from each area of the world, together with expertise, banking, authorities, healthcare, power, prescription drugs, advertising and marketing, and insurance coverage. The EEA’s industry-focused, member-driven working groups are every tasked with creating and delivering particular developments to the event and use of Ethereum-based applied sciences.
For all media inquiries relating to Ivy, please attain out to Jed Wallace: firstname.lastname@example.org.
About Enterprise Ethereum Alliance
The EEA is an industry-supported, not-for-profit established to construct, promote, and broadly assist Ethereum-based expertise finest practices, open requirements, and open-source reference architectures. The EEA helps to evolve Ethereum into an enterprise-grade expertise, offering analysis and growth in a variety of areas, together with privateness, confidentiality, scalability, and safety. The EEA can be investigating hybrid architectures that span each permissioned and public Ethereum networks in addition to industry-specific software layer working teams.
EEA will collectively develop open requirements and facilitate collaboration with its member base and is open to any members of the Ethereum group who want to take part. This open-source framework will allow the mass adoption at a depth and breadth in any other case unachievable in particular person company silos and supply perception into the way forward for scalability, privateness, and confidentiality of the general public Ethereum permissionless community. For extra details about becoming a member of EEA, please attain out to email@example.com or go to www.entethalliance.org.
Ivy is a blockchain-based platform for FIAT and Cryptocurrency enterprise transactions which require verification within the worldwide financial system. The Ivy Community makes use of IVY tokens which can carry Know your Buyer (KYC) and Know Your Transaction (KYT) knowledge to satisfy the verification necessities for transactions.
In a very world monetary market place, there’s a very actual want for quick and safe transactions that meet KYC and BSA/AML necessities for not simply conventional FIAT forex, but additionally cryptocurrencies as properly. Ivy bridges the hole between the centralized conventional banking and fee methods and the decentralized blockchain ledger to leverage the very best of each worlds – quick, decentralized processing that meets the regulatory necessities of Monetary Establishments around the globe.
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