Industry leaders donate code to public domain through non-profit standards body, OASIS, and join fourteen founding organizations to further develop Baseline Protocol.
New York, NY —
announced the formation of the Baseline Protocol in collaboration with
. The Baseline Protocol is an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost via the public Ethereum Mainnet. The protocol will enable confidential and complex collaboration between enterprises without leaving any sensitive data on-chain. The work will be governed by the
, which is managed by
and funded by the