The Enterprise Ethereum Alliance (EEA) welcomes Everex - Ethereum News. Thursday, October 4
The Enterprise Ethereum Alliance (EEA) welcomes Everex
The company is looking to benefit from the Ethereum blockchain
Everex announced it has joined the Enterprise Ethereum Alliance (EEA), in a move that seeks to expose the company to a wider audience looking for Ethereum-based solutions. The announcement was made via Everex’s blog yesterday by the Founder of the blockchain startup, Alexi Lane.
According to Lane, this membership will allow them to access new enterprises and use the EEA network to gain exposure to those companies looking to expand in the distributed ledger technology. “Businesses looking to expand into this new technology can rely upon the Enterprise Ethereum Alliance to select only vetted, top performing Ethereum developmental partners such as Everex,” he said.
The Enterprise Ethereum Alliance is a conglomerate that serves as a bridge between companies ranked in Fortune’s Global 500, as well as startups, academics and technology vendors; and experts on Ethereum-related matters. Their main goal is to speed up the adoption of Ethereum at an enterprise level.
The aforementioned companies are distributed in several “Special Interest Groups” that consist on vertical industry-centric groups where members of a specific sector of the industry cooperate, exchange information and use cases. There are many groups such as healthcare, telecommunication, energy, supply chain, and financial services, among others. Everex reported that will be focusing on the latter, which accommodates more than 200 enterprises of this sector, like Credit Suisse, Bank Santander and Commerzbank.
“This strategical membership opens doors to new markets by collaboration with European and North American institutions. We are eager to explore the possibilities created by the Enterprise Ethereum Alliance,” Lane stated.
Everex is a Singapore-based Fintech company specialized in providing blockchain solutions to cross-border payments, trading and lending. Their main target audience are individuals and SMEs, offering them decentralized global credit histories and scorings.
The company has its own token, which serves as an internal accounting unit for all Everex services. According to their whitepaper, token holders can benefit from loan conditions that will improve as the amount of token a user possess grows. As of yet, the EVX is ranked 400, it is worth $0,45 per token, and its market cap is currently at $7.44 million.
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