Enterprise on Ethereum Mainnet | ethereum.org (2024)

Ethereum can help many kinds of businesses, including large companies:

  • Increase trust and reduce the cost of coordination between business parties
  • Improve business network accountability and operational efficiency
  • Build new business models and value creation opportunities
  • Competitively future-proof their organization

In the early years, many enterprise blockchain applications were built on private permissioned Ethereum compatible blockchains or consortium chains. Today, thanks to technological advances which enable greater throughput, lower transaction cost, and privacy, most enterprise applications that use Ethereum technology are being built on the public Ethereum Mainnet or on Layer 2 chains.

Resources

Further reading

Non-technical resources for understanding how businesses can benefit from Ethereum

Organizations

Some collaborative efforts to make Ethereum enterprise friendly have been made by different organizations

  • Enterprise Ethereum Alliance(opens in a new tab) - The EEA helps organizations to adopt and use Ethereum technology in their daily business operations. Its goal is accelerating business Ethereum through professional and commercial support, advocacy and research, standards development and ecosystem trust services.
  • Global Blockchain Business Council(opens in a new tab) - The GBBC is an industry association for the blockchain technology ecosystem. Through engaging policymakers and regulators, curating events and in-depth discussions, and driving research, GBBC is dedicated to further adoption of blockchain to create more secure, equitable, and functional societies.

Enterprise developer resources

Products and services

Tooling and libraries

  • Baseline Project(opens in a new tab) - The Baseline Protocol is a set of tools and libraries that helps enterprises coordinate complex, multi-party business processes and workflows with privacy while keeping data in respective systems of record. The standard enables two or more state machines to achieve and maintain data consistency and workflow continuity by using a network as a common frame of reference.
  • Chainlens(opens in a new tab) - SaaS and on-prem blockchain data and analytics platform from Web3 Labs
  • Ernst & Young's 'Nightfall'(opens in a new tab) - an application for transferring ERC20, ERC721 and ERC1155 applications under Zero Knowledge, using an Optimistic Rollup
  • Truffle Suite(opens in a new tab) - blockchain development suite (Truffle, Ganache, Drizzle)

Scalability solutions

Most new blockchain applications are being built on Layer 2 chains. Layer 2 is a set of technologies or systems that run on top of Ethereum (Layer 1), inherit security properties from Layer 1, and provide greater transaction processing capacity (throughput), lower transaction fees (operating cost), and faster transaction confirmations than Layer 1. Layer 2 scaling solutions are secured by Layer 1, but they enable blockchain applications to handle many more users or actions or data than Layer 1 could accommodate. Many of them leverage recent advances in cryptography and zero-knowledge (ZK) proofs to maximize performance and security, and some offer an additional level of privacy.

Enterprise applications live on Ethereum Mainnet

Here are some of the enterprise applications that have been built on top of the public Ethereum Mainnet and L2s by and for traditional, non-blockchain based companies.

Payments

Finance

Asset tokenization

Notarization of data

Supply chain

Insurance

Identity, credentials and certifications

Entertainment, NFTs, and Loyalty

If you would like to add to this list, please see instructions for contributing.

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Enterprise on Ethereum Mainnet | ethereum.org (2024)
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