Description
The Baseline Protocol is an open-source initiative focused on enhancing secure and private business processes across different organizations' internal records systems through the use of blockchain technology, specifically the public Ethereum Mainnet. It aims to provide a standardized framework facilitating consistent and synchronized data and processes between companies without exposing sensitive business data on the blockchain. By leveraging advanced cryptography, zero-knowledge proofs, and messaging, it ensures the integrity and privacy of data across entities' systems. Founded by EY, ConsenSys, and Microsoft, and governed by the Ethereum-Oasis Project under OASIS with support from the Ethereum Foundation and the Enterprise Ethereum Alliance, the Baseline Protocol promotes secure, confidential, and efficient business transactions and collaborations at a low cost without leaving sensitive data on-chain, thereby fostering integration and interoperability across various industries.
The Baseline Protocol is an open-source initiative focused on enhancing secure and private business processes across different organizations' internal records systems through the use of blockchain technology, specifically the public Ethereum Mainnet. It aims to provide a standardized framework facilitating consistent and synchronized data and processes between companies without exposing sensitive business data on the blockchain. By leveraging advanced cryptography, zero-knowledge proofs, and messaging, it ensures the integrity and privacy of data across entities' systems. Founded by EY, ConsenSys, and Microsoft, and governed by the Ethereum-Oasis Project under OASIS with support from the Ethereum Foundation and the Enterprise Ethereum Alliance, the Baseline Protocol promotes secure, confidential, and efficient business transactions and collaborations at a low cost without leaving sensitive data on-chain, thereby fostering integration and interoperability across various industries.
