Page last updated: October 13, 2020
Ethereum for Enterprise
Guides, articles, and tools for delivering both public and private Ethereum blockchains for enterprise.
Why Enterprise Ethereum?
Why should businesses care about Enterprise Ethereum?
- New business models and value creation opportunities
- Reduced cost of trust and coordination between business parties
- Improved business network accountability and operational efficiency
- Competitively future-proof your business
- Compatibility with public mainnet or permissioned, private networks
For more in depth information, here are some related articles:
- 5 Reasons Why Enterprise Ethereum Is so Much More Than a Distributed Ledger Technology
- Blockchain Use Cases and Applications by Industry
- EY releases zero-knowledge proof blockchain transaction technology to the public domain to advance blockchain privacy standards
- Introduction to Quorum: Blockchain for the Financial Sector
- Projects Building on J.P. Morgan’s Quorum Blockchain
Enterprise Applications Live on Mainnet
Here are some of the enterprise applications that have been deployed to the public Ethereum Mainnet:
Payments
- Brave Browser pays users for their attention to advertisements and users can pay publishers to support them, via the Basic Attention Token.
- hCaptcha Bot prevention CAPTCHA system which pays web site operators for the work done by users to label data for machine learning. Now deployed by Cloudflare.
- Audius a streaming service that connects music fans directly with artists, and allows artists to be paid in full by their fans, directly and instantly for every stream
Finance
- Santander Bank bond issuance and settlement
- Societe Generale bond issuance
- Cadence bond offering and tokenization for FAT Brands
- Sila banking and ACH payments infrastructure-as-a-service
- Tinlake receivables financing via tokenized real-world assets such as invoices, mortgages or streaming royalties
- Kratos commodity trading and trade finance platform that connects and enables commodity traders to trade and source capital from lenders directly online
- Fasset a platform for supporting sustainable infrastructure
Notarization of Data
- BBVA details of finalized loans are hashed and recorded on Mainnet
- Splunk data integrity can be ensured by periodically writing hashes of indexed data to Mainnet
- ANSA Italy's largest news agency fights fake news and enables readers to verify the origin of news stories by recording them on Mainnet
Supply Chain
- CargoX bill of lading and document transfer provider
- Morpheus.network supply chain automation platform which implements a hybrid of private chains with notarized data on the Ethereum Mainnet, and is in use by companies such as Canadian food, oil & gas distributor Federated Co-op Ltd. and Argentinian pet food provider Vitalcan
- Minespider supply chain tracking
- ShipChain public sidechain of ethereum and enterprise system for supply chain visibility and trust, especially for multimodal logistics
- Follow Our Fibre viscose supply chain traceability
- EY OpsChain Network Procurement enables companies to engage in a procurement workflow by issuing RFQ’s, contracts, purchase orders, and invoices across your network of trusted business partners
Credentials and Certifications
- Utah Counties issuing digital marriage certificates on Ethereum
- Two Italian high schools digital diplomas issued on Ethereum Mainnet
- University of St. Gallen pilot project to verify degrees by a Swiss university
- Malta all educational certificates recorded on Mainnet by Hyland
- Pohang University of Science and Technology South Korean university issues blockchain-stored diplomas to its new graduates
- OpenCerts issues blockchain education credentials in Singapore
- BlockCerts developed an open standard for blockchain credentials
- SkillTree online skill training and certifications which can be configured with expiration triggers or dependencies on other skills
Utilities
- GridPlus electricity payments
Organizations
Some collaborative efforts to make Ethereum enterprise friendly have been put together by different organizations:
EEA
The Enterprise Ethereum Alliance is a member-driven standards organization whose charter is to develop open, blockchain specifications that drive harmonization and interoperability for businesses and consumers worldwide. Our global community of members is made up of leaders, adopters, innovators, developers, and businesses who collaborate to create an open, decentralized web for the benefit of everyone.Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The foundation has some projects in it that work with the Ethereum stack:
Enterprise Focused Services
The following projects provide blockchain services for enterprises grade systems:
- Blockapps implementation of the Enterprise Ethereum protocol, tooling and APIs that form the STRATO platform
- Clearmatics protocols and peer-to-peer platform architecture, blockchain R&D company
- PegaSys Plus offers the same features and functionalities as HF Besu, plus additional enterprise focused benefits
- Quorum open source blockchain platform that combines the innovation of the public Ethereum community with enhancements to support enterprise needs
- Provide infrastructure and APIs for Enterprise Web3 applications
Protocol and Infrastructure
- Hyperledger Besu open-source Ethereum client developed under the Apache 2.0 license and written in Java
- Hyperledger Burrow modular blockchain client with a permissioned smart contract interpreter partially developed to the specification of the Ethereum Virtual Machine (EVM)
- Infura scalable API access to the Ethereum and IPFS networks
- Kaleido full-stack platform for building and running cross-cloud, hybrid enterprise ecosystems
- Autonity protocol suite that implements p2p protocols and provides client software and infrastructure
- Chainstack multi-cloud and multi-protocol Platform as a Service empowering businesses to rapidly build, deploy, and manage decentralized networks and services
- Baseline an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost via the public Ethereum Mainnet
- Quorum an Ethereum-based open source enterprise blockchain platform with advanced enterprise grade features enabling privacy, permissioning and performance
- Official Quorum documentation
Enterprise Features
Public and private Ethereum networks might need specific features required by network participants. The following are some of those features:
Permissioning
Privacy
- Ernst & Young's ‘Nightfall'More information here
- PegaSys' OrionMore information here
- Quorum's Tessera More information here
Security
- Clef used to sign transactions and data and is meant as a replacement for geth’s account management
- EthSigner A transaction signing application to be used with a web3 provider
Tooling
- Alethio Ethereum Data Analytics Platform
- Epirus A platform for developing, deploying and monitoring blockchain applications by Web3 Labs
- Tenderly A Data Platform providing real-time analytics, alerting and monitoring with support for private networks.
- Treum bringing transparency, traceability, and tradability to supply chains, using blockchain technology
- Truffle Suite blockchain development suite (Truffle, Ganache, Drizzle)