The Wall Street Blockchain Alliance (WSBA), a non-profit promoting blockchain adoption worldwide, has launched the Enterprise Solutions Working Group (EWG). This group aims to fast-track enterprise blockchain implementation strategies, including policy development and enterprise-level application.

Andrea Tinianow will lead the new group. She is the chief innovation officer at Global Kompass Strategies and founded the Delaware Blockchain Initiative. That initiative focuses on pro-blockchain legislation and tech deployment in state government. The EWG joins other WSBA groups, such as Cryptoassets, Legal, Accounting, and Product & Technology.

Blockchain use in accounting has been slow due to limited regulation. Government oversight could encourage faster adoption. That’s why this move is significant for the accounting industry.

The EWG will officially launch in December. Members will meet every two weeks to discuss policies and the challenges of applying blockchain at the enterprise level.

WSBA’s EWG Drives Blockchain Adoption

WSBA described the EWG’s duties, emphasizing the importance of exploring real-life examples and focusing on lessons learned and practical takeaways. Members will share these insights within the group and across the organization. They will also address topics such as governance, technical implementation, business models, alternative technologies, and strategies for securing stakeholder support.

Tinianow shared her enthusiasm: “The WSBA serves as a valuable resource for advisors, practitioners, and developers in the blockchain space. I feel excited and honored to lead this group into what promises to be a crucial year for blockchain adoption in financial services.”

She further stated that “[t]he EWG will be a forum for members to share experiences, exchange ideas and collaborate on related projects in support of the successful implementation of blockchain technology at the enterprise level.”

On his own part, Ron Quaranta, the WSBA chairman added that “the EWG ties together the groundbreaking work that the organization is already undertaking with practical, tangible and actionable insights that our members can use to make blockchain real within their organization.”

In conclusion

The Wall Street Blockchain Alliance has formed a body to hasten the development of blockchain-related policy and enterprise blockchain implementation strategies. This body will be known as the Enterprise Solutions Working Group.

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