Auctus Joins The Enterprise Ethereum Alliance

Auctus announced today that it joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative with over 250 member companies. Auctus joined EEA to leverage its network for enhancing our products, services, and token offerings and support the adoption of Ethereum in the enterprise.

Ludmila Lopes said:

We are very excited to be a part of the Enterprise Ethereum Alliance. We aim to leverage the EEA network to build more value for our community and improve existing products, services and token offerings. After joining MAMA, this is a further milestone for Auctus in pursuit of industry best practice.

The Auctus Platform is a global smart contract-based retirement and goal-based saving platform with specialized portfolio management services for traditional equity and bond investments, as well as cryptocurrency investments. The platform provides the user an aggregated view of all retirement savings, from government regulated IRA/401k plans, voluntary traditional retirement plans, as well as crypto wallets. Auctus’ mission is to put retirement savers back in control of their retirement plan by providing the information needed to make well-informed decisions and using blockchain to increase transparency and automation. Auctus offers robo advisory, transparency, automation and record keeping, as well as a marketplace that allows the retirement community to come together without middlemen.

About The Enterprise Ethereum Alliance

The EEA is an industry-supported, not-for-profit established to build, promote, and broadly support Ethereum-based technology best practices, open standards, and open-source reference architectures. The EEA is helping to evolve Ethereum into an enterprise-grade technology, providing research and development in a range of areas, including privacy, confidentiality, scalability, and security. The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.

EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight into the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network.

For more information about Auctus please visit their website and download the project whitepaper.

Images courtesy of Auctus

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