The State of Enterprise Ethereum Adoption: the Virtual Event from the Enterprise Ethereum Alliance
It was a half-day event to explore blockchain applications, technical insights, reference architectures, and practical business use cases. Our teams connected remotely from New York, Buenos Aires and Montevideo.
The content of the event covered everything from the state of Ethereum in the enterprise to the growing use of the Ethereum Mainnet for business process automation.
The topics included among others:
- The State of Enterprise Ethereum Adoption
- Use Cases Built on Ethereum Mainnet
- Baseline Protocol
- Ethereum Adoption Tracks
- The Enterprise Blockchain Technology Stack and Roadmap
- Ethereum in Finance
- Community: Through the Lens of the Ethereum Foundation
- Blockchain for Social Impact
Speakers from many global companies included Banco Santander, BP, EY, Microsoft, JP Morgan, Ethereum Foundation, ConsenSys, Chainlink, Unibright, Fnality, Envision Blockchain Solutions, PegaSys, Provide Technologies and LimeChain.
The networking platform worked very well and we had the opportunity to interact and meet colleagues in the community.
ZirconTech team has been working for several years with the Ethereum platform, and has been keeping up to date with enterprise customer demands by developing competencies and implementing projects in Quorum and Hyperledger Besu.
Quorum is a platform developed by J.P. Morgan through its Blockchain Center of Excellence, leading efforts for Distributed Ledger Technology applications. It is an enterprise blockchain platform, a fork of the public Ethereum client ‘geth’ with several protocol level enhancements to support business needs. The primary purpose of the Quorum project was to develop an enterprise Ethereum client which empowers businesses to embrace and benefit from blockchain technology.
Hyperledger Besu is an open-source Ethereum client developed under the Apache 2.0 license and written in Java. It runs on the Ethereum public network, private networks, and test networks such as Rinkeby, Ropsten, and Görli. Besu implements Proof of Work (Ethash) and Proof of Authority (IBFT 2.0 and Clique) consensus mechanisms.
The welcome of the event to the state of Enterprise Ethereum Adoption was from John Whelan, (Banco Santander) and Yorke Rhodes III (Microsoft). John highlighted the 5th birthday of Ethereum Mainnet as the day of the event. He is the Chairman of the board of EEA, and te Managing Director of Digital Investment Innovation at Banco Santander.
Maria Concepcion (Coty) de Monteverde, from Banco Santander spoke about Finance applications, the Digital Bonds issuance on the Ethereum Mainnet. She is the Blockchain Center of Excellence Director in Santander, and is a Board Member at the Alastria Blockchain Ecosystem.
Earlier on July 8th, the Enterprise Ethereum Alliance announced the appointment of Dr. Daniel Burnett as Executive Director, who was instrumental in the rollout of the Baseline Protocol, and is a former PegaSys Blockchain Standards Architect. During the event, EEA Chairman John Whelan hosted a fireside chat with Daniel “Dan” Burnett. Dan will serve as a catalyst for the EEA’s growth by identifying ways to accelerate the pace of Ethereum innovation and adoption.
This month was also published some key ecosystem results like the Ethereum Mainnet Use Case Analysis v1. The EEA published the first analysis in a series of reports focused on the current state of the Ethereum ecosystem and utilization of the Ethereum public blockchain (Mainnet) –
“2020 has been a year of remarkable enterprise Ethereum advances from the Baseline Protocol to enterprise Mainnet use cases in automation, business integration, finance, supply chain, and sustainability-focused carbon accounting efforts”. Daniel Norkin at Envision Blockchain and Tas Dienes at the Ethereum Foundation worked in tha analysis. The insights play a key role to Ethereum adoption and utilization. Stefan Schmidt at Unibright, Mark Caraway at BlockApps, and John Wolpert at ConsenSys also provided valuable contributions to this report.