Enterprise Ethereum Alliance launches reward token system supported by Microsoft and Intel

On October 8th, at the Ethereum Developers Conference Devcon 5 in Osaka, Japan, the Ethereum Alliance (EEA) demonstrated its award-based token system, supported by Microsoft and Intel. Michael Reed, who manages the blockchain program within the Intel Software and Solutions division, said there are three types of tokens used to motivate participating alliances, namely token tokens, reputation tokens, and fine tokens. The system can be applied to any alliance to motivate teamwork.