Yesterday, Standard Chartered
announced it has joined blockchain consortium Enterprise Ethereum Alliance (EEA). The international bank, boasting $14.7 billion in revenue, aims to contribute to Ethereum standards and enterprise applications in finance.
StanChart joins over 500 EEA members, including
actively participating industry leaders like Banco Santander, Microsoft, IBM, EY, and J.P. Morgan. As a founder of
Voltron and heavily involved in blockchain for trade finance and logistics, the bank will find good company.
“Technology enables us to facilitate trade and investment across our footprint markets, improving client experiences and offering new services,” said Dr Michael Gorriz, CIO at Standard Chartered.
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