HomeNewsIndia NewsSasken becomes a member of the Enterprise Ethereum Alliance

    Sasken becomes a member of the Enterprise Ethereum Alliance

    Sasken Technologies Ltd., (formerly Sasken Communication Technologies Ltd.), a leading product engineering and digital transformation solutions provider, announced that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative.

    Sasken has been working on Ethereum to develop solutions and accelerators for several industry use cases such as revenue-sharing solution for multimodal public transportation system, enhancing security of IoT edge network, and asset registry for industrial equipment.

    “We are already leveraging blockchain for developing solutions to expedite transactions, improve working capital, improve efficiency, reduce disputes, and build trust in industry ecosystems,” said Raman Sapra, Executive Vice President and General Manager-Digital, Sasken. “We are excited to join the EEA as it provides us an avenue for networking with the alliance members, contribute to working groups, and expedite development of Ethereum-based enterprise grade solutions for Transportation, Industrial, and Manufacturing segments,” he added.

    With more than 500 member companies, the EEA membership base represents a wide variety of business sectors from every region of the world. The EEA’s industry-focused, member-driven working groups are each tasked with creating and delivering specific advancements to the development and use of Ethereum-based technologies.

    ELE Times Research Desk
    ELE Times Research Deskhttps://www.eletimes.ai
    ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

    Related News

    Must Read

    Nuvoton Releases High-Power Ultraviolet Laser Diode (379 nm, 1.0 W)

    Nuvoton Technology announced the start of mass production of...

    SST & UMC Release 28nm SuperFlash Gen 4 for Next-Gen Automotive Controllers

    Silicon Storage Technology (SST), a subsidiary of Microchip Technology...

    Global AI Spending to Reach $2.5 Trillion in 2026, Predicts Gartner

    Gartner, a business and technology insights company forcasts the...

    Industry 5.0 in Practice: Collaborative, Connected, and Conscious Manufacturing

    As the world transitions towards Industry 5.0, the notion...

    AI-Enabled Autonomous Testing for Mission-Critical Electronics

    The rise of Artificial Intelligence (AI) and Machine Learning...

    Shifting from preventive maintenance to predictive maintenance

    Courtesy: RoHM In the manufacturing industry, equipment maintenance has traditionally...

    How Can the High Voltage Intelligent Battery Shunt Reference Design Benefit You?

    Courtesy: Element 14 Introduction Accurate current measurement is a critical aspect...

    The Move to 48 Volts in Transportation

    Courtesy: Avnet Key Takeaways: ●        48V systems are being adopted in...