Hewlett Packard Enterprise Joins Enterprise Ethereum Alliance

10/19/2017 - 14:13 UTC
 HP joins Enterprise Ethereum Alliance

The tech giant, Hewlett Packard Enterprise, with more than $50 billion in yearly revenue, has joined the Ethereum Enterprise Alliance (EEA) according to an announcement made yesterday.

Markus Ogurek, HPE’s Global Financial Services Industry Lead, said:

“Joining the EEA is a significant step for Hewlett Packard Enterprise in making blockchain enterprise-ready and accelerating our customers’ journey to production. Our commitment to the EEA will help enterprise-grade blockchain technology adoption and will enable clients to innovate in most demanding applications.”

They are the latest tech giant to enter the blockchain space as interest in the new technology continues to increase and disrupt various industries, from finance to real estate.

HP was further joined by another 46 new members for EEA, making it the most prominent blockchain consortium by far. That includes some blockchain projects, but also more banks, the University of South Wales and the National Association of Realtors.
 

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice on Bitcoin, Cryptocurrencies or finance in general.