First enterprise application moving to EOS
Major email provider Zimbra X becomes the first enterprise application on the EOS blockchain.
A major email provider has announced its transition to the blockchain space, marking a notable change in the field of telecommunications and the ongoing innovations that the blockchain is bringing. The announcement by ZimbraX, an email platform servicing over 500 million users globally, has also added to the growing hype surrounding the Hong Kong-based EOS blockchain.
The transition is likely to be felt immediately across certain sectors. None more so than the logistics or supply chain industry. Released in 2005, Zimbra X quickly made standalone messaging and email application providers like MSN messenger and Microsoft's Outlook obsolete.
— Daniel Larimer (@bytemaster7) May 16, 2018
Among Zimbra X's users are Amnesty International and the Jakarta International Container Terminal, both of these clients use Zimbra X for communicating within and across various projects coordinating supplies and distribution across various countries. These two companies stand to see substantial dividends across their supply chain businesses.
Security will be the first major benefit to the Zimbra X users as the platform moves to the blockchain. The reason for this is that cloud storage solutions, which are currently the foundation of distributed messaging clients, are vulnerable to cyber attack and compromise of data and sensitive information.
The blockchain can go a long way to mitigating those risks depending on the architecture of the blockchain deployed by Zimbra X. For sensitive business matters, a permissioned blockchain utilising advanced identity protocols can allow businesses to communicate on a remote basis with a high level of security. The reason for this is that cryptography is the basis of the blockchain and enhances the safety of online communications.
Due to the different locations that many global businesses operate from, disconnection from the centralised cloud server meant that business could not continue. With decentralised, distributed blockchains for data sharing businesses only need to be connected to one other node in the company's network for there to be an accurate and secure record of communication.
EOS on the march
The decision for Zimbra X to utilise the EOS blockchain has caused a stir in the blockchain community. It is known as one of the very first enterprise applications being based on the blockchain. In effect, this will be moving over 500 million people to the blockchain without any disruption at all.
This has been mainly to the credit of EOS, whose blockchain facilitates the transition. EOS is known as a compliance focussed cryptocurrency startup. For cross-border regulations and existing financial frameworks, the know-your-customer and anti-money laundering policies that EOS blockchain will comply with could be a boon to existing logistics companies.
The announcement made by Synacor, the patent company which developed Zimbra X, has come at a time of great anticipation for EOS in the cryptocurrency market. EOS up to now had been trading as an ERC20 token on exchanges and EOS is now living up to its road mapped objectives, by launching the EOS mainnet scheduled for 2 Jun 2018.
In addition to the upcoming mainnet launch, EOS announced a high level talent scalp. Rob Jesudason from the Commonwealth Bank of Australia made the decision to leave a vice president's role at the bank which he had stepped into only two days previously, to join EOS as it prepared for the mainnet launch.
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