Another consortium example is Enterprise Ethereum Alliance, a non-profit organization with 116 members connecting enterprises, startups, academics and technology vendors with Ethereum. It was launched in February 2017, aimed at defining enterprise-grade software able to handle the most complicated, highly demanding applications at the speed of business. J.P. Morgan Chase, CME Group, BNY Mellon and other large multinationals are among the founding members, with Microsoft being the leading technology provider.