The State of Andhara Pradesh and Mastercard have been welcomed as the latest additions to the growing Enterprise Ethereum Alliance. The alliance which aims to help corporations and agencies to share projects and developments in Blockchain technology allowing adoption of the technology for various practical applications.
The technological breadth, depth and variety of organizations coming together under the auspices of EEA to create and drive enterprise Ethereum standards bodes well for the future development of the next-generation Ethereum
This also follows up from the other efforts by the state to advance the development of blockchain technology. Having already formed a partnership with the Singapore national bank, the bank has also progressed on integrating blockchain into payment processing applications. The Enterprise Ethereum Alliance also welcomes the likes of Cisco to rival the number of members involved in the Hyperledger Project.
“There is no doubt that blockchain technology is set to be the biggest disruptor not only in the financial world, but also a number of online and offline sectors,” J A Chowdary.
To conclude, the Ethereum alliance has grown much bigger with the adoption of the Andhara Pradesh State and even Mastercard signing up, the collective becomes the biggest in the world. Helping to integrate blockchain technology into everyday applications, being part of the collective, Andhara Pradesh, also hopes to organize its ration card system into the new technology. Citing its disruptive and digital nature, it hopes the public and secure nature of the technology can help the haphazard service become more stable amid claims of fraud and discrepancies which occur as the illegal creation of new cards also harms the state industry. Â Â