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
The Enterprise Ethereum Alliance (EEA) launched earlier this year and now has 150 global members; the consortium provided details on its most recent "town hall" meeting last month which focused on information from leaders of the individual working groups; also discussed and under development is the group's governance operating structure which is expected to support interoperability among the EEA's working groups. Source