News Date Monday, May 22, 2017

NEW YORK, NY;

Enterprise Ethereum Alliance (EEA), a newly formed enterprise collaboration focused on Ethereum blockchain technology, is pleased to announce the addition of over 86 new companies to its membership with many continuing to onboard and be announced in the upcoming months. Comprised of the most advanced enterprises and startup blockchain innovators, EEA is designed to build, promote, and broadly support Ethereum-based technology best practices, standards, and a reference architecture, EntEth 1.0

As part of EEA’s Press Release, Elevondata CEO, Rohit Tandon remarked

“While Bitcoin solved for the issue of “store of value” for money in the digital age, Ethereum solves for the next natural step of automation of contracts around the flow of digital money, goods, identity etc. as a decentralized, distributed trust network that will impact all industries. Elevondata, a leading Cloud SI with strong roots in Cloud, Open Source, Big Data, Robotic Process Automation and Application Development is well poised to help Enterprises adopt Ethereum and give them a listening ear at EEA with their standards and compatibility needs.” —Rohit Tandon, Founder, Chairman & CEO, Elevondata Labs Inc.

The link to the complete EEA Press Release can be found here.

https://entethalliance.org/enterprise-ethereum-alliance-release-05-19-2017.pdf

Elevondata has been a front runner in Blockchain Development, developing a Bitcoin Exchange in 2013, and actively advising CEO’s and Wall Street Analysts on Blockchain use cases, and potential disruption to business models. Elevondata is actively involved in building custom distributed ledgers (DLT’s), access layers, technical integrations and transitions with decentralized app systems.