Suvarna Garge (Editor)

ConsenSys

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Key people
  
Joseph Lubin

Founder
  
Joseph Lubin

Headquarters
  
New York City

Type
  
Corporation

Website
  
www.consensys.net

Founded
  
2015

Number of employees
  
68 (2016)

ConsenSys httpsuploadwikimediaorgwikipediaen004Con

Industry
  
Cryptocurrency software

Founders
  
Joseph Lubin (entrepreneur)

A conversation with stefan george of consensys


Consensus Systems, better known as ConsenSys, is a blockchain software technology company founded by Joseph Lubin.

Contents

Company

Joseph Lubin founded ConsenSys in early 2015 as a software foundry to develop decentralized software services and applications that operate on the Ethereum blockchain.

As of March 2016, ConsenSys employed 68 persons worldwide, about half of them in Brooklyn, New York City. ConsenSys is developing a variety of applications which operate on the global distributed computing platform. The office is located in an old industrial building in Bushwick, Brooklyn and was described by The New York Times as "essentially one large room, with all the messy trademarks of a start-up operation, including white boards on the walls and computer parts lying around."

The company's focus is on facilitating the empowerment of people and enabling decentralized governance through the development of software tools that devolve power from the traditional "command and control hierarchies inappropriate for a networked world."

Projects

The company is involved in number of different projects.

  • BTC Relay uses the smart contract functionality in Ethereum to allow people to verify Bitcoin transactions from Ethereum’s Blockchain.
  • Ether.camp which is an Ethereum blockchain explorer.
  • Blockapps Strato which is a partnership with Microsoft Azure to build industry-specific blockchain (database) applications.
  • TransActive Grid is a joint venture with LO3 Energy which proposes to allow peer-to-peer electricity sales
  • Ujo Music. Imogen Heap used the technology with her single Tiny Human.
  • uPort is an Ethereum blockchain-based identity management system.
  • Deloitte and ConsenSys are announced plans in 2016 to create a digital bank called Project ConsenSys.
  • The company is working with John Hancock Insurance on their LOFT project.
  • DAOWars is a project where human players design autonomous agents to outfight and outwit other agents created by competitors
  • GroupGnosis is a platform for prediction markets
  • EtherSign is a cryptographic tool for managing and signing documents
  • Blockstack Labs is a project with Microsoft to address human rights issues by creating identity systems on the blockchain.
  • INFURA provides a scalable, standards-based, globally distributed cluster and API endpoint for Ethereum, IPFS, and other emerging decentralization infrastructure.

    • References

    ConsenSys Wikipedia
    (Text) CC BY-SA


    Similar Topics