Mastercard join the Enterprise Ethereum Alliance

Good news for Ethereum holders, amongst others Mastercard and Cisco join the EEA.

So what does this all mean?

Well some of the biggest forunue 500 companies are supporting the Ethereum blockchain to promote the development of buisnessess and applications on the blockchain. I have a feeling members like J.P Morgan will develop a private blockchain however with the need for ETH that can only help boost its popularity in the public domain.

A recent report also suggested that the blockchain technology could save banks upto 30% in transaction costs. I was a little worried that Tezos may take over Ethereum , howere as ETH is becoming more tired and tested it will win the race.

Whilst Bitcoin will always be the gold standard for transactions in crypto. Ethereum will change the world in the way business is ran.

I always rember when Alan Sugar was approached by Bill Gates for support on Microsoft, Alan refused too invest saying hardware is the way forward not software. How wrong was he?

Well Bitcoin is the hardware Ethereum is the software.

Cheers

Diginet