{"id":286530,"date":"2021-06-29T16:00:00","date_gmt":"2021-06-29T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/enterprise-ethereum-matures-looks-to-open-source-community-for-standards\/"},"modified":"2021-06-29T16:00:00","modified_gmt":"2021-06-29T13:00:00","slug":"enterprise-ethereum-matures-looks-to-open-source-community-for-standards","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/enterprise-ethereum-matures-looks-to-open-source-community-for-standards\/","title":{"rendered":"# Enterprise Ethereum matures, looks to open-source community for standards"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a283e9c89a3d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a283e9c89a3d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/enterprise-ethereum-matures-looks-to-open-source-community-for-standards\/#Standards_are_required_for_enterprise_Ethereum_growth\" >Standards are required for enterprise Ethereum growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/enterprise-ethereum-matures-looks-to-open-source-community-for-standards\/#Why_standards_are_important\" >Why standards are important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/enterprise-ethereum-matures-looks-to-open-source-community-for-standards\/#Is_enterprise_Ethereum_maturing\" >Is enterprise Ethereum maturing?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Enterprise Ethereum matures, looks to open-source community for standards <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNjRhNTJmYmEtMWZiZS00YmRkLTg3YWEtODg3ZDhkZDFhYjNlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Ethereum is quickly becoming an integral part of the enterprise blockchain ecosystem. As more companies begin to leverage public networks for business, it\u2019s important to keep in mind that the enterprise Ethereum space is still relatively new. Therefore, a number of developments are required before organizations can fully take advantage of the Ethereum blockchain.\u00a0<\/p>\n<p>For example, Dan Burnett, executive director of the Enterprise Ethereum Alliance \u2014 an initiative enabling organizations to adopt and use Ethereum <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> in their daily business operations \u2014 told Cointelegraph that Ethereum is increasing in usage, deployment, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication and more. As such, Ethereum is transforming into a solid chain for business. <\/p>\n<p>Yet Burnett pointed out that standardization work has become increasingly important in order for Ethereum to fully mature. However, the challenge here is that standardization for enterprise Ethereum must take into account the open nature of Ethereum while considering proprietary business implementations. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Standards_are_required_for_enterprise_Ethereum_growth\"><\/span>Standards are required for enterprise Ethereum growth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In order to properly drive standards development for enterprise Ethereum, the Enterprise Ethereum Alliance (EEA) and Oasis Open \u2014 a body that aims to advance the development of open-source software and standards \u2014 announced today the formation of \u201cEEA Community Projects.\u201d<\/p>\n<p>According to Burnett, EEA Community Projects was formed to bring together traditional standards development with standards that stem from open-source software. Burnett explained that the mix of these two development standards are necessary in order to accelerate enterprise Ethereum business adoption:<\/p>\n<blockquote><p>\u201cWith Ethereum, there has always been this interesting tension between the development community, which is open and individually driven, and the enterprise side, which is commercially driven and often deals with regulations and complexity. The EEA Community Projects is bringing together proprietary standards implementation with open-source standards that develop in the Ethereum community at large.\u201d<\/p><\/blockquote>\n<p>Burnett further mentioned that the Ethereum Oasis Open Project, which is an Oasis Open initiative for multiple Ethereum projects, will now operate under the banner of EEA Community Projects.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_standards_are_important\"><\/span>Why standards are important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To put the need for standards into perspective, Burnett mentioned that one of the reasons why Ethereum has become so valuable is because no single entity controls the network. Yet as this value is realized, he noted, participants within the Ethereum ecosystem will likely partner with different entities to ensure interoperability. <\/p>\n<p>Guy Martin, executive director of Oasis Open, told Cointelegraph that Baseline Protocol is an example of standards being used for interoperability. The Baseline Protocol works to coordinate confidential workflows among enterprises using messaging, zero-knowledge cryptography and the Ethereum blockchain.<\/p>\n<p>Martin explained that Baseline essentially took its API and made that the framework for its standards to ensure interoperability between one computer language and another. Therefore, \u201cit must be written in different languages and used in different environments.\u201d He further added, \u201cStandards is that template and agreement that allows interoperability and other things to happen.\u201d<\/p>\n<p>Although EEA Community Projects is just getting started, Burnett explained that the need for interoperability around layer-two scaling solutions has become apparent:\u00a0\u201cThere are lots of layer-two solutions being built on top of Ethereum, and now there is increasing discussion for the need of some commonality there.\u201d As such, Burnett predicts that standards for layer-two interoperability may be advanced as a result of EEA Community Projects. <\/p>\n<p>Equally important, Burnett pointed out that the EEA Community Projects will not look to jeopardize what the Ethereum community has already been doing:<\/p>\n<blockquote><p>\u201cWe haven\u2019t made governance changes that have decreased the openness, transparency and community-driven nature of the work. It took us a while to figure out how to ensure that all constituencies are happy and to make sure that no one is taking over the network or changing it in any way.\u201d <\/p><\/blockquote>\n<p>With this in mind, it\u2019s also important to understand why open source standards are necessary for the development of enterprise Ethereum. Ana\u00efs Ofranc, lead for the Oasis Open standards and specifications working group, told Cointelegraph that open source is the most viable and credible way for the EEA to foster development and adoption of enterprise Ethereum \u2014 both on the technology and on the standard side:<\/p>\n<blockquote><p>\u201cOpen source lowers\/removes the barriers to collaboration, so it is a great way to get input from a variety of actors, to explore various industry use cases, and to explore enterprise applications of Ethereum blockchain technology. It is also an effective way for the EEA to surface the work they have been doing.\u201d<\/p><\/blockquote>\n<p>While Ofranc also pointed out that in order for open-source standards to be effective, the right contributors \u2014 both individuals and businesses \u2014 must be present: \u201cThere is so much competition for talents and experience in the blockchain space that contributors will need to justify the time and effort spent on working on enterprise-blockchain projects.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_enterprise_Ethereum_maturing\"><\/span>Is enterprise Ethereum maturing?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite challenges that may arise with standard implementations, it\u2019s notable that the enterprise Ethereum space is maturing to the point where standards are now required. Enterprise Ethereum standards will also likely be critical once Ethereum 2.0 is completed. <\/p>\n<p><strong><em>Related:\u00a0IBM contributes blockchain platform code to Hyperledger to drive enterprise blockchain adoption<\/em><\/strong><\/p>\n<p>John Wolpert, chair of the technical steering committee at\u00a0Baseline Protocol and\u00a0vice-chair of the\u00a0mainnet working group at EEA, elaborated on this point, telling Cointelegraph that the formation of EEA Community Projects is important since it demonstrates how the proper and practical use of Ethereum in enterprise is growing:<\/p>\n<blockquote><p>\u201cNow we have a premier industry body working hand-in-glove with a premier IT standards organization and involving a wide community of individual and corporate-based developers and architects in establishing standards for verified multi-party workflows using the public Ethereum mainnet as a verification anchor.\u201d<\/p><\/blockquote>\n<p>Moving forward, Burnett believes that the work done by EEA Community Projects has the potential to advance all the way to international standards bodies. \u201cThis provides a great opportunity for us to work at the grassroots level and then advance to a more corporate environment that larger enterprises would be comfortable with.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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As more companies begin to leverage public networks for business, it\u2019s important to keep in mind that the enterprise Ethereum space is still relatively new. Therefore, a number of developments are required&#8230;<\/p>\n","protected":false},"author":1,"featured_media":286531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNjRhNTJmYmEtMWZiZS00YmRkLTg3YWEtODg3ZDhkZDFhYjNlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74983,75885,74891,75326,83071,74355,117,4965],"class_list":["post-286530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-decentralization","tag-enterprise","tag-ethereum","tag-ethereum-2-0","tag-open-source","tag-adoption","tag-business","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/286530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=286530"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/286530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/286531"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=286530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=286530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=286530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}