ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Tuesday Dec 11th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

EEA Opens New Regional Headquarters In Seoul

By

Nathan

Graham

WriterETHNews.com

The Enterprise Ethereum Alliance hopes the new regional office will help accelerate the mass adoption of EEA standards.

On November 19, the Enterprise Ethereum Alliance (EEA) announced the opening of its new regional office in Seoul, South Korea.

The EEA was established in New York in February of last year and is comprised of several hundred companies focusing on developing across-the-board standards for Ethereum-based enterprise blockchain solutions. Additionally, "The EEA seeks to augment Ethereum to serve as an enterprise-grade technology by investigating hybrid architectures that span both permissioned (private) and public Ethereum networks."

In July, the EEA opened a regional office in Japan with the intent to advance the Ethereum community by fostering the adoption of EEA standards.

Resnick told ETHNews at the time: "We intend to have regional presence around the world just to make it easier for everyone to recognize that if you have one common specification then no matter where you go, you will be able to communicate."

The new Seoul office is in keeping with that goal. Though South Korea has been skeptical of cryptocurrency in the past – with the country's Financial Services Commission even going as far as to ban all initial coin offerings last September – its blockchain industry seems to be booming, with the country discussing plans to reduce taxes for blockchain companies in the country.

The EEA hopes to capitalize on South Korea's interest in blockchain technology and a strong EEA member base in the country – among them Samsung SDS – to help accelerate the wide adoption of EEA specifications and standards.

Joonho Park, Co-founder, and CEO of QraftEther Inc., which provides blockchain solutions for supply chains, will be the head of the new office and in charge of making sure regional members have access to all the tools, standards, and specifications provided by the EEA. Park will also be the point of contact and EEA's "evangelist" for the region.

Resnick expressed his excitement over the opening of the new office and the appointment of Park with ETHNews:

"EEA plans to be represented in all regions, especially in areas where localization provides business leaders with a better understanding of the impact that Enterprise Ethereum standards and use cases will have on our future. By bringing on board regional representatives to promote blockchain in their own geographies, we hope to improve regional access. Kazuaki Ishiguro in Japan, and Joonho Park in Korea will help get us started. By having one global standard organization such as EEA, we can facilitate global interoperability in a way that connects the whole world, so wherever you go, blockchain works for the benefit of everyone."


Nathan Graham

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Enterprise Ethereum Alliance, Ron Resnick or other Ethereum world news.