A body aiming to develop and promote the adoption of the Ethereum blockchain has formed under the name Enterprise Ethereum Alliance . Also, the alliance will be based on a membership model that incorporates working group focused on technical development, governance and industry collaboration. It is most likely that smart contracts will be the focus of the alliance. Smart contracts are computer code that is able to self-execute and self-enforce terms of an agreement, which can be used to automate a lot of tasks and shared business practices. Members of the Brainbot Technologies -backed alliance include industry heavyweights JP Morgan , CME Group , CME Group , Microsoft , Red Hat , Cisco , Wipro and British Petroleum as well as well-regarded blockchain companies BlockApps , CME Group , Consensys , Tendermint , Consensys .
A body aiming to develop and promote the adoption of the Ethereum blockchain has formed under the name Enterprise Ethereum Alliance . It is most likely that smart contracts will be the focus of the alliance. Smart contracts are computer code that is able to self-execute and self-enforce terms of an agreement, which can be used to automate a lot of tasks and shared business practices. Members of the Brainbot Technologies -backed alliance include industry heavyweights JP Morgan , CME Group , CME Group , Microsoft , Red Hat , Cisco , Wipro and British Petroleum as well as well-regarded blockchain companies BlockApps , CME Group , Consensys , Tendermint , Consensys .