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How Can EEA's Reward Token System Help Banks Motivate Their Employees?

Published 10/19/2019, 12:05 PM
Updated 10/19/2019, 12:21 PM
How Can EEA's Reward Token System Help Banks Motivate Their Employees?

Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by Cointelegraph on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and is said to be trustworthy enough for use both within and between different companies.

The system was first demonstrated at the Devcon5 conference at the start of October in Osaka as part of an experiment conducted inside the EEA. Specifically, member organizations are testing the viability of a project to check whether it can be used by any company outside the consortium for incentivizing its staff and optimizing its business processes.

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