Recently, at DevCon4, Prague, the Ethereum Enterprise Alliance (EEA) announced the release of its Enterprise Ethereum Client Specification v2 and Off-Chain Trusted Compute Specification v0.5 to help facilitate blockchain interoperability across entire industries.
Source: entethalliance
The Client Specification v2 is an open standards-based framework and incorporates technical contributions from the alliance’s member base which counts over 500 organizations. It applies a global standard to enterprise blockchain development and offers greater choices and lower costs among a larger ecosystem of vendors. It will provide a label of sorts, which means a product will undergo third-party testing in order to be sold as EEA-compliant.
On the other hand, the Off-Chain Trusted Compute Specification v0.5 offers the developers a suite of standard application programming interfaces (APIs) to make it easier to properly write such programs and to inspect, share, and re-use them. These APIs can move transactions off-chain for computation in other places, and then move a summary to the main chain.
The EEA will soon introduce a TestNet to ensure interoperability over member solutions, along with a members-only Certification Program that ensures the solutions conform and interoperates with the standard, building confidence in an offering’s performance.
The new specification will be helpful in streamlining the future releases of application-specific profiles - "
subsets tailored for different uses cases that paves the way for innovation across vertical industries where enterprise can identify specific requirements relevant to their industry." according to
EEA.
“By solving the universal collaboration needs of its members, the EEA Enterprise Ethereum Client Specification V2 serves as a critical framework to facilitate more valuable interactions, more efficiently, across organizational boundaries. The EEA’s Specification and ongoing standards work are critical to enabling entire sectors and industries to build shared collaborative infrastructure that will accelerate Ethereum-based business applications from digital identities and supply chains to financial industry platforms, consumer financial services and beyond,” commented Joseph Lubin, a founding EEA member from ConsenSys, co-founder of Ethereum, and founder of ConsenSys.
You can read the official press release
here.