Lition, the globally reputed blockchain network, has announced the news about its recent milestone achievement as part of which it has become a member of the EEA EMINENT Task Force. As part of the integration, Lition will play a significant role in aiding the work operations of the task force along with other elite industry members such as Chainlink, Unibright, and Anyblock Analytics, who are also active members of the EMINENT task force.
EMINENT is the acronym for Ethereum Mainnet Integration for Enterprises and was formed under the Enterprise Ethereum Alliance Mainnet Working Group, which is a joint initiative of EEA and Ethereum Foundation. It renders the focus of permissioned blockchains to the public Ethereum mainnet. It will work to frame out cases for the employment of the mainnet in a safe and secure interface in businesses.
The Lition team took to its official Twitter handle to announce the celebratory news in the crypto community. Its post read:
Lition will contribute to the cross-industry effort of bridging the gap between #Ethereum and centralized business systems by joining forces with the @EntEthAlliance EMINENT Task Force.https://t.co/HtcLHyk590
— Mycelium Network 🔺 (@Mycelium_Netwrk) April 23, 2020
According to the reports, Lition will help the task force in laying the foundation for reliable standards and specifications for business entities that plan to infuse Customer Relationship Management systems (CRM), Enterprise Resource Planning systems (ERP), or other corporate protocols of record with the Ethereum ecosystem. In the early phase of April 2020, Lition broke the news about its entry as a member of the prestigious Enterprise Ethereum Alliance network. The blockchain system joined EEA with an aim to develop joint strategic efforts with the latter’s global enterprise community, including blockchain leaders, adopters, propagators, innovators, developers, and researchers who are working towards the strengthening of business operations through blockchain solutions.
Chainlink, Unibright, and Anyblock Analytics are the driving forces behind the creation of the task force as well as the goal-setters for the newly formed institutional body. The partner firms of the task force will strive to bridge the gap between blockchain and centralized business modules. Lition is keen to give its input in collaboration with the other team members and plans to exchange its technical knowledge, expertise, and services to design innovative solutions for the benefit of the community as a whole.
The task force will work for 18-24 months. In its initial phase, it emphasizes on defining work packages while later it will transition to designing robust practice modules within proof-of-concept implementations. In its last phase, the task force will offer open-source, available documentation and specification basis like ERC standards relying on the development by the Ethereum community and EEA members.