ConsenSys
 | |
| Corporation | |
| Industry | Cryptocurrency software |
| Founded | 2015 |
| Founders | Joseph Lubin (entrepreneur) |
| Headquarters | Brooklyn, New York City[1], U.S. |
Key people | Joseph Lubin |
Number of employees | 68[2] (2016) |
| Website |
www |
Consensus Systems, better known as ConsenSys, is a blockchain software technology company founded by Joseph Lubin.
Company
Joseph Lubin founded ConsenSys in early 2015 as a software foundry[2] to develop decentralized software services and applications that operate on the Ethereum blockchain.[3]
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.[2] 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."[4]
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."[5]
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.[6]
- Ether.camp which is an Ethereum blockchain explorer.[7]
- Blockapps Strato which is a partnership with Microsoft Azure to build industry-specific blockchain (database) applications.[7][8][9]
- TransActive Grid is a joint venture with L03 Energy which proposes to allow peer-to-peer electricity sales[10]
- Ujo Music.[11] Imogen Heap used the technology with her single Tiny Human.[11]
- uPort is an Ethereum blockchain-based identity management system.[12]
- Deloitte and ConsenSys are announced plans in 2016 to create a digital bank called Project ConsenSys.[13][14]
- The company is working with John Hancock Insurance on their LOFT project.[15]
- DAOWars is a project where human players design autonomous agents to outfight and outwit other agents created by competitors[9]
- GroupGnosis is a platform for prediction markets[9]
- EtherSign is a cryptographic tool for managing and signing documents[9]
- Blockstack Labs is a project with Microsoft to address human rights issues by creating identity systems on the blockchain.[16]
References
- ↑ Vigna, Paul (2015-09-22). "Circle Gets First 'BitLicense,' Releases Circle Pay, New Service". Wall Street Journal. Retrieved 2016-05-11.
- 1 2 3 Epstein, Jim (2016-03-18). "Can Ethereum Restore Online Freedom and Transform the Internet?". Reason. Retrieved 2016-03-31.
- ↑ Tapscott, Don; Tapscott, Alex (May 2016). The Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. pp. 87–93, 112–114. ISBN 978-0670069972.
- ↑ Popper, Nathaniel (2016-03-27). "Ethereum, a Virtual Currency, Enables Transactions That Rival Bitcoin's". New York Times. Retrieved 2016-05-11.
- ↑ Tapscott, Don; Tapscott, Alex (May 2016). The Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. pp. 88–91. ISBN 978-0670069972.
ConsenSys is still a tiny company. Its grand experiment may or may not succeed. But its story provides a glimpse into radical changes in corporate architecture that may help unleash innovation and harness the power of human capital for not just wealth creation but prosperity. Blockchain technology is enabling new forms of economic organization and new portfolios of value. There are distributed models of the firm emerging—ownership, structure, operations, rewards, and governance—that go far beyond enhancing innovation, employee motivation, and collective action. They may be the long-awaited precondition for a more prosperous and inclusive economy.
- ↑ Gomez, Eduardo (3 May 2016). "ConsenSys Announces the Release of BTC Relay, Interconnecting Ethereum With Bitcoin". The Merkle. Retrieved 10 May 2016.
- 1 2 Bajpai, Prableen (2016-01-07). "Microsoft's Azure Blockchain As a Service Program Gains Momentum". Nasdaq. Retrieved 2016-05-11.
- ↑ Rosenbush, Steve (2015-11-11). "The Morning Download: Microsoft Offers Blockchain Over Its Azure Cloud". Wall Street Journal. Retrieved 2016-05-11.
- 1 2 3 4 Shieber, Jonathan (2015-10-28). "Microsoft Partners With ConsenSys To Use Ethereum To Provide Blockchain-As-A-Service". TechCrunch. Retrieved 2016-05-11.
- ↑ Rutkin, Aviva (2 March 2016). "Blockchain-based microgrid gives power to consumers in New York". New Scientist. Reed Business Information. Retrieved 24 March 2016.
- 1 2 Allison, Ian (4 October 2015). "Imogen Heap shows how smart music contracts work using Ethereum". International Business Times. Retrieved 24 March 2016.
- ↑ https://bitcoinmagazine.com/articles/microsoft-building-open-blockchain-based-identity-system-with-blockstack-consensys-1464968713
- ↑ Ian Allison (2016-05-03). "Deloitte to build Ethereum-based 'digital bank' with New York City's ConsenSys". International Business Times.
- ↑ Brian Yurcan (2016-05-03). "Blockchain Firms Team Up with Deloitte". American Banker.
- ↑ Michael del Castillo (2016-04-20). "Insurance Giant John Hancock Begins Blockchain Tech Tests". CoinDesk.
- ↑ Ian Allison (2016-05-31). "ConsenSys and Microsoft tackle human rights abuses with blockchain-based identity system". International Business Times.
External links
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