BLOCKCHAIN ISSUE
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CONSENSYS
ConsenSys is a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions, and developer tools for blockchain ecosystems, focused primarily on Ethereum. With the motto to “Harness the Power of Ethereum” the ConsenSys “hub” incubates and accelerates “spoke” ventures through development, resource sharing, investments and the formation of joint ventures.
ConsenSys has over 1,100 members with people working out of 29 countries. Ever since founded in 2014, ConsenSys is dedicated to growing the Ethereum-based blockchain ecosystem through various domains including ConsenSys Solutions, ConsenSys Capital, ConsenSys Labs, and
ConsenSys Academy.
“Ethereum is a movement. It is the most technologically sophisticated production ready blockchain with the largest developer ecosystem, most active community, most resources and 2nd most value”.
Joseph Lubin, co-founder of Ethereum and founder & CEO
A leader with a purpose
Joseph Lubin is a co-founder of Ethereum and founder & CEO of ConsenSys, one of the largest and fastest-growing blockchain companies in the world. In 2014, Joseph co-founded the Ethereum Project and founded ConsenSys as a venture production studio focused on building developer tools and decentralized applications on the Ethereum platform. Prior to working on Ethereum, Lubin’s career focused on the intersection of cryptography, engineering, and finance, including his role as VP of Technology in Private Wealth Management at Goldman Sachs. Joseph graduated cum laude with a degree in Electrical Engineering and Computer Science from Princeton.
“I anticipate that many of our projects will do incredible things, but perhaps the most profound thing that we do is build this organism, and offer that sort of structure to the world as an example of how you can build a new way of operating in the decentralized future,” Joe Lubin speaking at Davos in 2018.
Highest quality service
As one of the largest blockchain technology companies, ConsenSys is unique as the only Ethereum focused company that creates dApps,
provides consulting and Ethereum implementations for corporate and government clients, educates the global blockchain community to bridge
the Ethereum knowledge gap, and invests in blockchain startup initiatives. Powered by smart contracts and secured through encryption, their applications provide the benefits of transparency, auditability, and immutability that are unique to blockchain-based solutions.
ConsenSys is focused on developing innovative blockchain solutions for enterprises and government organizations around the world and has partnered with major Fortune 500 companies in verticals such as energy, banking, insurance, supply chain, education, healthcare, and more. Some of their clients include GlaxoSmithKline, World Wildlife Fund, Smart Dubai, Monetary Authority of Singapore, EU Blockchain Observatory, Andhra Pradesh Government, Switzerland’s Zug ID, South African Reserve Bank, Union Bank, and partner with the likes of Microsoft and Amazon Web Services and many more.
Decentralized expertise
ConsenSys as an organization can be hard to precisely define. At its core, ConsenSys is a startup incubator, and ConsenSys Labs has invested in and has developed over 50 blockchain projects today — called spokes — working to build platforms and applications, services, core components, developer tools, and infrastructure to support ecosystem growth.
MetaMask is the most widely-used web browser plugin that lets users browse and interact with DApps on Ethereum. Infura, a gateway to Ethereum and the InterPlanetary File System (IPFS) handles on average 10B queries per day from the public Ethereum network, which is two times the volume of daily Google searches. Truffle, the most popular testing environment and development framework for blockchain developers have been downloaded nearly 700k times. And Kaleido, in a marquee partnership with AWS, has introduced its Blockchain Business Cloud as the blockchain engine for the enterprise sector supporting nearly 1500 users already since launching in May earlier this year. It is the first and only all-in-one enterprise blockchain SaaS platform that makes the entire blockchain journey radically simpler and faster, so enterprises don’t need to spend months and millions writing their own custom code. Kaleido is already running nearly a thousand blockchain networks around the world for its enterprise customers including several leading financial innovators such as with UnionBank’s Project i2i aimed at helping provide financial access to people in rural communities across the Philippines.
Strengthening the ecosystem
ConsenSys Academy has a track record of successfully training executives, developers,and business learners, and continuing to facilitate opportunities following graduation, and has graduated nearly 1,000 students from 150 countries around the world. ConsenSys Academy also has a certification program in Ethereum — for both technical and non-technical audiences — and has led training programs for law firms, C-suite executives, and governments around the globe.
ConsenSys is also a founding member of the Enterprise Ethereum Alliance (EEA), a rapidly growing community of over 500 organizations across all major industries focused on enterprise-specific standards, requirements, and use cases, with the goal of responsibly growing the Ethereum blockchain ecosystem alongside regulators and partners.
Future – Exponential!
ConsenSys plans to continue educating more people about the benefits of blockchain and working with everyday consumers who currently don’t fully understand how blockchain could fit into everyday life. ConsenSys will also continue to expand and grow the Ethereum ecosystem through their incubation of decentralized application startups, as well as helping major corporations implement the Ethereum Blockchain to improve their business. As well as forge ahead with their goal to use Ethereum to create Web 3.0, a new iteration of the internet that will be decentralized...They might just succeed...
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