Business service provider Conduent joins Enterprise Ethereum Alliance

Conduent Inc., a provider of diversified business services that include transaction processing, automation and analytics, has joined the Enterprise Ethereum Alliance open source blockchain initiative.

As a member of the EEA, Conduent will collaborate with industry leaders in pursuit of Ethereum-based enterprise technology best practices, open standards and open-source reference architectures, a press release said.

"Blockchain promises to drastically transform digitized business processes – making them more efficient, agile, secure and transparent," Carol Kline, chief information officer at Conduent, said in the release. "Distributed ledger and blockchain technologies can address a number of pain points for our clients, such as reducing fraud in claims management, computing accurate payments and simplifying data sharing in the public sector. We are committed to learning from and building upon industry standards through our EEA membership." 

With more than 500 member companies worldwide, the EEA membership base represents a wide variety of business sectors, including technology, banking, government, health care, energy, pharmaceuticals, marketing and insurance.

EEA working groups are tasked with creating and delivering specific advancements to the development and use of Ethereum-based technologies.

Topics: Blockchain

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