The Abyss Joins The Enterprise Ethereum Alliance

We are pleased to announce joining the Enterprise Ethereum Alliance (EEA), one of the world’s largest blockchain initiatives, that connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. We joined the EEA to increase transparency and generate greater levels of confidence while supporting the adoption of Ethereum in the enterprise.

The other goal is to pioneer and promote the DAICO idea in crypto industry. To implement it our smart contract should rely on Ethereum entirely (already done). For this reason, we refused from accepting Bitcoin during our Token Sale and will accept Ethereum and Ethereum-based Binance (BNB) tokens only.

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices. 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 industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This 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.

Best,

The Abyss Team


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