Members of the Enterprise Ethereum Alliance (EEA) can at present test their blockchain applications within a new testnet, which does non require a full-calibration coil-out.

In a press release shared with Cointelegraph on Jan. xv, EEA revealed its new partnership with blockchain testing and development house Whiteblock, through which the EEA volition leverage Whiteblock Genesis testing platform. The platform will allow users to manage and utilise the EEA TestNet, wherein EEA members will be able to collaborate around building and testing the next generation Ethereum (ETH) enterprise apps.

No need to launch a live environment

The product relieves businesses from the necessity of launching a live surround in society to experiment with apps earlier bringing them to market. The release further details that by using the TestNet — which also provides Metamask support and full data and analytics capabilities — community members will exist able to define their own scenarios, introduce their ain nodes, and deploy decentralized apps (DApps).

Along with the testing sandbox, the EEA will provide users with the EEA's Certification Program, which is expected to be released this year. The program is designed to ensure that solutions accommodate and interoperate with EEA standards.

Zak Cole, Whiteblock CEO and EEA TestNet and Certification Working Group chair, explained that "the EEA TestNet will enable members to collaborate and understand how Ethereum systems perform at scale in a deterministic and controlled manner."

Ethereum-based DApps statistics

According to DappReview'southward 2022 insights on the DApp space, Ethereum hosts a various range of DApps. The past twelvemonth was characterized by the rise of DeFi, as several lending and derivatives solutions based on Maker'south (MKR) DAI stablecoin appeared.

However, the written report noted that the value locked in DeFi remains small even compared to other blockchain-based financial tools. Collateral put to staking is approximately five times larger, at $6 billion. Compared to the global debt market, estimated at $250 trillion, DeFi remains negligible.