A new consortium for blockchain solutions in financial services has been announced called the Enterprise Ethereum Alliance; the consortium includes JPMorgan, Microsoft, Bank of New York Mellon, Intel and Banco Santander S.A.; it will focus on building out an open-source platform started by JPMorgan called Quorum; the platform will seek to develop solutions for realizing cost savings in financial transactions with blockchain technology; the Ethereum Enterprise Alliance plans to launch a working version of its protocol later this year. Source
