“NAFCU is pleased to be invited to join Enterprise Ethereum Alliance and we look forward to contributing to one of the world’s leading blockchain technology initiatives”
“NAFCU is pleased to be invited to join Enterprise Ethereum Alliance and we look forward to contributing to one of the world’s leading blockchain technology initiatives,” said NAFCU President and CEO Dan Berger. “With this new partnership, NAFCU hopes to bring critical knowledge of blockchain technology to the credit union industry and create an innovative environment where NAFCU members can inform technology firms of what credit unions need most.”
Established in February, EEA’s members include more than 300 organizations in technology, financial services, government, healthcare, energy, pharmaceuticals, and a number of fast-growing Ethereum startups. Several of the largest companies in the world who are also EEA members include Microsoft, Intel, Samsung and Accenture.
NAFCU’s Cybersecurity and Payments Committee will also engage with EEA to discuss ways for credit unions to get directly involved with the blockchain community.
Earlier this year, NAFCU became the first financial trade organization in the U.S. to join Hyperledger, an open-source, global collaborative effort to advance cross-industry blockchain technologies hosted by The Linux Foundation.
About Enterprise Ethereum Alliance
The Enterprise Ethereum Alliance (EEA) is the world’s largest open-source blockchain initiative and offers the most industry-focused, member-driven Working Groups. It 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. 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. EEA’s membership represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.