EEA and Chamber of Digital Commerce to Advance the Token-Enabled Economy

EEA and Chamber of Digital Commerce to Advance the Token-Enabled Economy

The Chamber of Digital Commerce, a trade association representing the blockchain industry, and the Enterprise Ethereum Alliance (EEA), a collaborative cross-industry effort created to advance enterprise blockchain technology, 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."

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