Bengaluru, India-based Wipro Limited, a leading global information technology company which provides consulting and business process services has joined the Enterprise Ethereum Alliance (EEA) as a founding member. Founded back in February of 2016, the EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum-based blockchain applications across industries for specific business use cases.
Ethereum is an open-source, blockchain-based distributed computing platform, featuring smart contract functionality. The EEA seeks to augment Ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security.
Wipro has been actively working on Ethereum to develop enterprise blockchain-based industry solutions and assets on a number of industry use cases. These solutions include Delivery versus Payments (DvP) settlement for securities and capital markets, skip-trace consortia for banking, peer-to-peer (P2P) insurance for the sharing economy, anti-counterfeit solution for supply chain traceability and much more.
Jeremy Millar, founder of Enterprise Ethereum said:
“The EEA benefits from a diverse, yet enterprise-focused membership base. Wipro brings a global perspective on IT strategy and operations to this alliance. We are very pleased to have Wipro as a member as we launch the Enterprise Ethereum Alliance.”
Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited said:
“We are excited to be a part of the founding team of the Enterprise Ethereum Alliance and contribute towards key aspects such as security, privacy, and scalability as they will be the key determinants in accelerating blockchain adoption within enterprises. Enterprise Ethereum is a great way to fast-track enterprise adoption and Ethereum is one of the fastest growing technology platforms used by our clients for developing and deploying enterprise blockchain.”
“Enterprise Ethereum Alliance also fosters collaboration within the emerging community of blockchain developers. We look forward to working actively with the members of this alliance to shape the blockchain adoption by enterprises.”
Marley Gray, Principal Blockchain Architect, Microsoft said:
“It’s great to have Wipro as a founding member of the Enterprise Ethereum Alliance. Having organizations like Wipro driving purpose-built solutions and accelerating innovation for businesses adds significant credibility to the Enterprise Ethereum ecosystem.”
Wipro’s Blockchain Innovation Lab, which is part of its Blockchain COE (Center of Excellence), fast tracks the provisioning of blockchain environments to build use-case specific blockchain industry solutions.
The COE focus is to enable client businesses to innovate and to stay in tune with the emerging technology trends in blockchain by conducting proof of technology experiments around areas like scalability, performance, and security of blockchain platforms. To enable enterprise-level talent development on blockchain technologies like Enterprise Ethereum, Wipro has also created a Blockchain Academy to build in-house competency through a multi-level program.
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