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Enterprise Ethereum refers to private, consortium, and hybrid implementations of the Ethereum codebase for business applications.
Ethereum blockchain technology allows organizations to build, test, and deploy decentralized applications that run exactly as programmed with no downtime, censorship, fraud, or third-party interference.
Businesses, governments, and forward-thinking organizations across the globe are adopting Enterprise Ethereum to reduce the cost of trust, increase efficiency, and unlock new opportunities for value creation.
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Trust

Trust relationships between business entities is expensive. Blockchain enables businesses to trust that everything recorded on a blockchain is virtually impossible to hack or manipulate. Trust is therefore placed in technology instead of middlemen, reducing the costs of collaboration. Enterprise Ethereum expands the scope of this benefit with its programmable capacity to support business use-cases and applications across all industries.

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Efficiency

Businesses are often encumbered with antiquated processes in order to operate with one another. Ethereum rectifies this by streamlining and securing network operations between businesses by creating a shared process model between them through the blockchain. These common processes, also known as smart contracts, can be performed, automated and verified for cost saving, data coordination and operational efficiency, benefiting and aligning an entire business ecosystem as well as their bottom lines.

 

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Opportunity

Ethereum’s built-in tokenization capacity creates the possibility to radically improve business performance through the digitization of assets. This empowers business to reap the benefits of secure, scalable and rapid asset transfers, fractionalized ownership of real world assets, tokenized micro-economies and accountable transparent governance systems. This gives rise to innovations that empower businesses to improve organizational efficiencies, unlock new business opportunities, and gain sustainable competitive advantages.

 

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