NEWS
Jun. 05, 2018

Jibrel Network joins The Enterprise Ethereum Alliance

The EEA's industry-focused, member-driven working groups are each tasked with creating and delivering specific advancements to the development and use of ethereum-based technologies.

Press Release

Zug, Switzerland – Jibrel Network , a Swiss blockchain development company, today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative.

As a member of the EEA, Jibrel Network will collaborate with industry leaders in pursuit of ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. Jibrel’s membership is aimed at bolstering its proprietary “Smart Regulation” solution, that provides enterprise-grade KYC and AML capabilities to Ethereum’s ERC20 token standard.

“We are excited to join the EEA” said Talal Tabbaa, co-founder of Jibrel Network. “EEA membership facilitates a wide-range of collaboration opportunities alongside some of the key leaders in the distributed ledger technology space, as well as a longlist of noteworthy technology giants.”

With more than 500 member companies, the EEA membership base represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance. The EEA’s industry-focused, member-driven working groups are each tasked with creating and delivering specific advancements to the development and use of ethereum-based technologies.

About The Enterprise Ethereum Alliance

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open-source reference architectures. The EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas, including privacy, confidentiality, scalability, and security. The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight into the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network. For additional information about joining EEA, please reach out to [email protected] or visit
www.entethalliance.org

About Jibrel Network

Jibrel provides traditional financial assets such as currencies, commodities, debt instruments and securities, as standard tokens, on the Ethereum blockchain. The Jibrel Network is a Jibrel AG initiative. Jibrel AG is a public limited company, registered in Zug, Switzerland. For more information visit: https://jibrel.network/.

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