Singapore blockchain firm TenX has become a member of the Enterprise Ethereum Alliance, the world’s largest open-source blockchain initiative.

The Enterprise Ethereum Alliance (EEA) connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts.

Building upon the leading smart contract supporting blockchain currently running in real-world production, Ethereum, the EEA defines enterprise-grade software capable of handling the most complex, highly-demanding applications at the speed of business.

Anytime Anywhere

Singapore based TenX which claims to be the only company worldwide that makes any cryptocurrency spendable anytime anywhere by offering a debit card payment system to its users.

It raised $80 million in its initial token sale in June 2017 and made it to the top 5 Singapore's best funded startups in 2017.

Bringing Cryptocurrencies to The Masses

«We value the Enterprise Ethereum Alliance’s efforts to be at the forefront of defining standards and facilitating collaboration among its diverse cross-industry membership,» said Julian Hosp, co-founder and president of TenX.

«Being an EEA member will enrich our capacity and help us achieve our mission, to bring cryptocurrencies to the masses,» he added.