Sberbank joins Enterprise Ethereum Alliance

Sberbank joined the non-commercial alliance Enterprise Ethereum Alliance (EEA). The bank is the first Russian bank to become a member of the alliance.

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EEA was established in February 2017 to evolve Ethereum into an enterprise-grade technology. The alliance unites major international companies like CME Group, Credit Swiss, DTCC, ING, JPMorgan, Santander, UBS, Accenture, Deloitte, Intel, Microsoft. High-tech start-ups and scientific and research organizations are also members of the alliance. EEA creates innovative technologies that will help companies ensure a new level of data confidentiality and enable security and scalability.

“Sberbank’s joining the Enterprise Ethereum Alliance is an important stage in achieving the goals on our technology agenda. This membership implies for us access to cutting-edge developments and international expertise in Blockchain technology”, — said First Deputy Chairman of Sberbank’s Executive Board Lev Khasis.

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