STK Global Payments Joins The Enterprise Ethereum Alliance
Mar 27, 2018, 09:00 ET
GIBRALTAR, March 27, 2018 /CNW/ - STK Global Payments, a new platform providing increased liquidity of cryptocurrency through instant payments at point of sale today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative.
As a member of the EEA, STK will collaborate with industry leaders in pursuit of ethereum-based enterprise technology best practices, open standards, and open-source reference architectures. The STK team and advisor network is leveraging decades of combined experience in the financial and payments industries to deliver a cryptocurrency solution which will integrate with traditional payments technology for a truly seamless solution.
"STK is using the Ethereum Network to bring cryptocurrency to a mass market," said Miro Pavletic, Director of STK Global Payments. "EEA provides access to leading research, industry experts and collaborative discussion for validation and verification of our platform as we prepare to launch the first mass market cryptocurrency payments solution."
With more than 400 member companies, the EEA membership base represents a wide variety of business sectors from every region of the world, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance. 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.
About The Enterprise Ethereum Alliance
The EEA 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. The 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. The EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry-specific application layer working groups.
EEA will collectively develop open industry standards and facilitate collaboration with its member base and is open to any members of the Ethereum community who wish to participate. This open-source framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos and provide insight into the future of scalability, privacy, and confidentiality of the public Ethereum permissionless network. For additional information about joining EEA, please reach out to [email protected] or visit www.entethalliance.org.
About STK Global Payments
STK Global Payments is the cryptocurrency technology solution which enables real-time cryptocurrency payments at points of sale, and the issuer of the STK token. The STK token was designed to provide a method that can allow cryptocurrency to be used instantly at retail for seamless integration into everyday transactions and financial services. The STK token will be implemented on the public Ethereum blockchain as an ERC20 token. The STK token is part of a global solution to facilitate borderless transactions through a smart contract which facilitates a real-time exchange of cryptocurrency into fiat at the POS.
For more on STK, visit www.stktoken.com.
SOURCE STK Global Payments
For further information: Media Contact: Amanda Ashford, Head of Brand & Communications, [email protected]
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