Ethereum technology and generating new business possibilities throughout the globe.</p>\n<p>In other words, it is a global industry that focuses on ways to drive the use of Ethereum blockchain technology as an open standard to empower different organizations. </p>\n<p>The members include:</p>\n<ul>\n<li>JPMorgan Chase</li>\n<li>Microsoft</li>\n<li>Intel</li>\n<li>Accenture</li>\n<li><strong>EY </strong></li>\n<li>BP</li>\n</ul>\n<p><em>The alliance is based in the U.S. and has offices in Japan, China, and France.</em></p>\n<p>Furthermore, the Enterprise Ethereum Alliance arose as a result of the dispersion of efforts to make Ethereum accessible, secure, and interoperable. It develops, maintains, and promotes industry standards, protocols, and a framework for Ethereum blockchain technology that is able to manage practical applications and utilization.</p>\n<p>Members of the alliance have created a forum where they may exchange their knowledge and work to ensure the wide adoption of Ethereum by mainstream actors.</p>\n<p>The EEA's functioning is based on four major factors - knowing business rules, developing quality requirements to fulfill these necessities, advancing with the public Ethereum blockchain, and attaining worldwide compatibility through certification processes.</p>\n<p>In addition, blockchain offers the ability to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-tokenize/">
tokenize several assets as well as <strong>real-world products</strong>. For instance, university degrees could be tokenized as a way of ensuring that there will be no fraud. Health records could also use additional security.</p>\n<p>However, Ethereum technology is still in its initial phases and will have to face numerous legal and functional challenges before it can be used for business operations.</p>\n<p>Despite this, engineers are currently working on adjusting and upgrading this blockchain as well as transforming it into a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">
proof-of-stake network. This could refer that the network could manage a bigger amount of transactions per second than at the moment.</p>\n<p>Besides, the Enterprise Ethereum Alliance (EEA), which was founded in February 2017, gathers up a diverse group of organizations, technology suppliers, academia, and Ethereum content specialists to collaborate on Ethereum as an enterprise-grade platform.</p>","level":"medium","meta_title":"What is Enterprise Ethereum Alliance (EEA)? 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Investing","slug":"trading-and-investing","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-trading.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-trading-101.jpg","rating":80,"sections":[{"slug":"where-to-trade-crypto","title":"Where Can You Trade 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Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know 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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":315,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Equity?","slug":"what-is-equity","section":"E","keyword":"Equity","status":"published","definition":"is the money that would be sent back to an organization's investors if all of the company's assets were liquidated and obligations were paid off.","content":"<p><strong>From the finance perspective, equity refers to the value of a firm that is able to be assigned to its investor.</strong></p>\n<p>Original coin offers produce crypto ownership for the general public. Furthermore, blockchain enterprises that seek money issue cryptocurrencies to the public in the same way that traditional stocks do, through<a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-initial-coin-offering-ico/">
initial public offerings (IPOs)</strong></a>.</p>\n<p>Equity on a company's balance sheet represents the investor's ownership of the company. It is determined by subtracting a company's total assets from its total liabilities.</p>\n<p>Investing in a firm that provides equity shares is considered to be very advantageous for a few reasons. For starters, <strong>equity shares have a higher possibility to earn a profit than any other financial good</strong>. If the dividend yield is not as high at the moment, the potential for capital gain is tangible.</p>\n<p>Additionally, investors in equity shares benefit from tax advantages. The increased yield on stock shares is attributable to an increase in concept or capital gains, which are taxed at a lower rate than other earnings in most nations.</p>\n<p>The owner of shares has the right to sell their shares to another individual. The buyer is required to ensure the documents of ownership so the new owner gets dividends, and the right to vote.</p>\n<p>Finally, with a corporate form, the owners' obligations are typically restricted. In the majority of situations, the equity portion is paid in full. Shareholders may lose part, but not all of their funds. They are also not liable for the corporation's failure to meet its responsibilities.</p>\n<p>Besides, investors can select to obtain <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-token/">tokens of a cryptocurrency project and stake them to get a continuing stream of income. <strong>The number of rewards relies on the whole equity or tokens they possess of the particular cryptocurrency.</strong></p>\n<p>Organizations that prioritize <strong>value</strong> above <strong>evolution</strong> have a greater book value of stock than market value. In general, this shows that the market is skeptical of the firm's ability to produce value in the future, while value investors believe the market is absolutely wrong.</p>\n<p>Besides, a firm’s book value of equity is decided by the sector in which it operates and how it keeps its assets. Because they are unable to issue relatively high profits from their assets, organizations usually have a book value that is lower than their market value. This means that the worth of the organization is determined by the stock market.</p>\n<p>Equity is often presented in a financial report under its market value, which may be significantly larger or lower than the book value. <strong>The basis for this distinction is that financial records are backward-looking, while market experts forecast future profit development.</strong></p>","level":"medium","meta_title":"What is Equity? Definition & Meaning | Crypto Wiki","meta_description":"Equity meaning: Equity - is the money that would be sent back to an organization's investors if all of the company's assets were liquidated and obligations were paid off.","meta_keywords":null,"language":"en","created_at":"2022-03-10T14:17:02.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-equity"},"prevSection":{"id":313,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Erasure Encoding?","slug":"what-is-erasure-encoding","section":"E","keyword":"Erasure Encoding","status":"published","definition":"is a simple technique to encode information in a safe format.","content":"<p>This provides an environment with fewer errors. <strong>Moreover, it can also be described as a structure of a data distribution algorithm that enables data to be distributed across several storage devices.</strong></p>\n<p>Erasure codes are able to perform at several phases of coherency. The concept behind it is instead of writing the information to store in its entirety, it is divided into smaller portions. The portions are utilized to rebuild the initial information if required.</p>\n<p>The main benefit of the erasure encoding is that it can be decoded even if a few blocks go missing. It is utilized in several interaction networks to increase the reliability against transmission failures.</p>\n<p>For instance, the whole document can be encoded as K chunks, or a file system block can be encoded as K singular blocks.</p>\n<h3>Advantages of Erasure Encoding</h3>\n<p>There are a lot of features of erasure encoding that make the concept appealing as opposed to different information-keeping techniques.</p>\n<p>The most notable features are:</p>\n<ul>\n<li><strong>Speed</strong> - when erasure encoding is used instead of other approaches, the time necessary to recover from a single error is substantially less.</li>\n<li><strong>Reliability</strong> - because it only saves chunks of data, the original can be restored even if a portion of the storage media fails.</li>\n<li><strong>Versatility</strong> - this approach can handle little and huge volumes of data.</li>\n<li><strong>Cost-effective</strong> - when you include the cost savings linked with not having to buy extra backup and recovery software, this strategy is cost-effective.</li>\n</ul>\n<p>To specify, erasure coding is an easy technique of storing information in a secure manner that can be utilized to recover the initial information. </p>\n<h3>Differences Between RAID and Erasure Encoding</h3>\n<p>RAID and erasure encoding are often seen as the same things. However, they are quite different.</p>\n<p>RAID, for example, is commonly used for servers and other big storage devices. <strong>It replicates your information over numerous hard drives. This provides a backup if one disk dies. </strong>The disadvantage is that it costs more than erasure encoding and takes up more space on each device.</p>\n<p>However, it does not safeguard the information on your disks from being viewed by another computer. Anyone who obtains one of the drives may still access all of your data.</p>\n<p>Erasure encoding, on the other hand, <strong>separates</strong> the information so that it cannot be seen without the <strong>appropriate key.</strong> To be more specific, it divides the information into parts, stretches it, and encodes it with redundant data.</p>\n<p>So, the main difference is that the information isn’t divided in RAID.</p>","level":"medium","meta_title":"What is Erasure Encoding? Definition & Meaning | Crypto Wiki","meta_description":"Erasure Encoding meaning: Erasure Encoding - is a simple technique to encode information in a safe format.","meta_keywords":null,"language":"en","created_at":"2022-03-10T09:08:15.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-erasure-encoding"},"currentChapter":"E","currentSection":"what-is-enterprise-ethereum-alliance-eea","chapterTitle":"E","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-enterprise-ethereum-alliance-eea","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter E
What is Enterprise Ethereum Alliance (EEA)?
Enterprise Ethereum Alliance (EEA) MEANING:
Enterprise Ethereum Alliance (EEA) -
EEA is a crowd of businesses and organizations that collaborate on upgrading the Ethereum network.
Let's find out Enterprise Ethereum Alliance (EEA) meaning, definition in crypto,
what is Enterprise Ethereum Alliance (EEA),
and all other detailed facts.
EEA brings together a diverse mix of technology corporations, financial institutions, start-ups, and academics with the purpose of promoting Ethereum technology and generating new business possibilities throughout the globe.
In other words, it is a global industry that focuses on ways to drive the use of Ethereum blockchain technology as an open standard to empower different organizations.
The members include:
- JPMorgan Chase
- Microsoft
- Intel
- Accenture
- EY
- BP
The alliance is based in the U.S. and has offices in Japan, China, and France.
Furthermore, the Enterprise Ethereum Alliance arose as a result of the dispersion of efforts to make Ethereum accessible, secure, and interoperable. It develops, maintains, and promotes industry standards, protocols, and a framework for Ethereum blockchain technology that is able to manage practical applications and utilization.
Members of the alliance have created a forum where they may exchange their knowledge and work to ensure the wide adoption of Ethereum by mainstream actors.
The EEA's functioning is based on four major factors - knowing business rules, developing quality requirements to fulfill these necessities, advancing with the public Ethereum blockchain, and attaining worldwide compatibility through certification processes.
In addition, blockchain offers the ability to tokenize several assets as well as real-world products. For instance, university degrees could be tokenized as a way of ensuring that there will be no fraud. Health records could also use additional security.
However, Ethereum technology is still in its initial phases and will have to face numerous legal and functional challenges before it can be used for business operations.
Despite this, engineers are currently working on adjusting and upgrading this blockchain as well as transforming it into a proof-of-stake network. This could refer that the network could manage a bigger amount of transactions per second than at the moment.
Besides, the Enterprise Ethereum Alliance (EEA), which was founded in February 2017, gathers up a diverse group of organizations, technology suppliers, academia, and Ethereum content specialists to collaborate on Ethereum as an enterprise-grade platform.
