Partnership Facilitates Collaboration Between the Chamber’s Token Alliance and the EEA’s Working Group and Token Taxonomy Initiative Efforts

WASHINGTON, D.C. and WAKEFIELD, Mass. – December 11, 2019 – The Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry, and the Enterprise Ethereum Alliance (EEA), a collaborative cross-industry effort created to advance enterprise blockchain technology, today announced a strategic partnership to strengthen industry advocacy and education efforts around tokenization. The Chamber of Digital Commerce will become an EEA Associate–Collaborative Member, and the EEA will become a strategic partner of the Chamber of Digital Commerce. The partnership between the two market-leading organizations will further promote the understanding, acceptance, and use of digital assets and blockchain-based technologies.

EEA and Chamber staff will now have full access to their respective token-related efforts enabling joint participation in the EEA’s Working Groups and Token Taxonomy Initiative (TTI), and the Chamber’s Token Alliance. Areas of common interest that the Chamber, TTI, and EEA will immediately begin focusing on include token interoperability initiatives and regulatory considerations.

“Active engagement and collaboration within the blockchain technology community are essential to delivering real-world value through tokenized enterprise solutions,” said EEA Executive Director Ron Resnick. “We are pleased to partner with the Chamber of Digital Commerce as an Associate–Collaborative Member. Their public policy expertise will be extremely beneficial to our overall goals of driving open blockchain technology as well as token taxonomy standards efforts.”

“Any asset, tangible or intangible, can be tokenized, recorded, tracked and traded on a blockchain, enabling many transactions to be faster, cheaper, and more efficient than ever before. However, from standards to public policy, the adoption of digital tokens faces many hurdles that must first be addressed,” said Chamber of Digital Commerce Founder and President Perianne Boring. “We look forward to working with the technical experts at the EEA to further support our efforts on behalf of the blockchain industry.”

About the Chamber of Digital Commerce

Headquartered in Washington, D.C., the Chamber of Digital Commerce is the world’s first and largest trade association representing the digital asset and blockchain industry. For more information, please visit DigitalChamber.org, and follow us on Twitter @DigitalChamber.

About the EEA

The Enterprise Ethereum Alliance (EEA) 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. The EEA also hosts the blockchain-neutral Token Taxonomy Initiative formed to define and understand tokens. To learn more about the Token Taxonomy Initiative, please reach out to [email protected]. For additional information about joining the EEA, please reach out to [email protected]. Follow the EEA on Facebook, Twitter, LinkedIn.