The EEA's vision

The EEA's four big public goals that they envision they will achieve in the longer term are as follows:

• Be an open source standard, not a product:

They only work with open source code that can be shared with anybody publicly without restrictions in order to spread development advances that may or may not help others improve their blockchain products. You see, they are a non-profit organization that wants to move blockchain (as we know it) further by combining the efforts of many companies interested in private blockchain solutions.

• Address enterprise development requirements:

The EEA helps companies incorporate the new innovations that are being discovered by others for free, so that they can enjoy the benefits of the latest requirements.

• Share improvements between public and private Ethereum:

They want to improve what they are building by taking improvements from the public blockchain so that they can evolve faster while keeping a great product in mind.

• Leverage existing standards:

When it comes to the blockchain technology, much is left to research and discover. Many problems regarding scalability, security, and transparency are being studied, since this type of decentralized structure is new to modern computing. So, the idea is to learn from existing standards, such as proof-of-stake (PoS), to improve faster than anyone else.

In essence, they are trying to fulfill the demands that many companies are making regarding private enterprise and fast blockchains for their personal applications.