The National Association of Federally-Insured Credit Unions (NAFCU) has become the latest member of the Enterprise Ethereum Alliance.

According to bussineswire, NAFCU president and CEO Dan Berger stated:

NAFCU is pleased to be invited to join Enterprise Ethereum Alliance and we look forward to contributing to one of the world’s leading blockchain technology initiatives. With this new partnership, NAFCU hopes to bring critical knowledge of blockchain technology to the credit union industry and create an innovative environment where NAFCU members can inform technology firms of what credit unions need most.

The Enterprise Ethereum Alliance (EEA) is the world’s largest open-source blockchain initiative and offers the most industry-focused, member-driven Working Groups. It 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. 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.