Ebay, a multinational e-commerce company with $10 billion in revenue and $2 billion in yearly profits has recently joined Enterprise Ethereum Alliance [EEA]. EEA is an alliance that is built to customize Ethereum for industry players. EEA connects Fortune 500 enterprises with Ethereum subject matter experts, including Accenture, J.P Morgan, CME Group, Microsoft, and Intel.
Foxconn, a multinational electronics contract manufacturing company is also the latest of the companies to join EEA. Hon Hai Precision Industry Company Ltd is the anchor company of Foxconn. In 2016, Foxconn ranked 25th among Fortune Global 500. It stands as the world’s largest contract electronics manufacturer and the fourth-largest information technology company in terms of its revenue.