The Birth of Enterprise Ethereum in 2017

Former ConsenSys CSO Jeremy Millar explains why Enterprise Ethereum will contribute significantly to the overall development of Ethereum

Enterprise use of blockchain technology has evolved at an almost unfathomable rate over the past 24 months.

From early bitcoin experiments, to senior bankers joining startups, to the launch of the public Ethereum decentralized application platform. On to the many private, permissioned systems currently under development using the Ethereum technology, and the creation of industry consortia — blockchain has emerged as one of the top enterprise IT trends entering 2017.

The market has already moved beyond the incubation phase where innovators effectively build the technology along with their initial applications, and possibly beyond the early adopter phase too. Increasingly, mainstream enterprise IT organizations are not only educating themselves and experimenting with blockchain but also are aiming to tackle novel use cases and complex IT challenges with the technology. More and more frequently, our clients are asking for assistance building MVPs not POCs, or hardening environments for production readiness.