DESICO Joins The Enterprise Ethereum Alliance

DESICO is now part of the Enterprise Ethereum Alliance (image: DESICO)

DESICO, the world’s first and only ecosystem to issue, buy, and sell security tokens in full compliance with the law, announced today that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative.

As a member of the EEA, DESICO will collaborate with industry leaders in pursuit of ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. DESICO is committed to creating a fully transparent, decentralized and fully legally compliant infrastructure to issue, buy, and sell security tokens.

“The EEA provides DESICO with the necessary resources, expertise, and credibility to create a solid infrastructure for DESICO,” said DESICO founder, Laimonas Noreika. “The current lack of legal frameworks and infrastructure to issue security tokens is why we do not see any security token crowdsales right now. DESICO will change this by creating the world’s first platform to issue, buy, and sell security tokens in full compliance with the law.”

With more than 400 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 membership@entethalliance.org or visit www.entethalliance.org.

About DESICO

DESICO is the world’s first platform to issue, buy, and sell security tokens in full compliance with the law. Its ecosystem will disrupt the global $155 billion venture capital market by issuing security tokens through blockchain.