Blockchain Firm ConsenSys Joins Hyperledger As Premier Member

Blockchain Firm ConsenSys Joins Hyperledger As Premier Member

Blockchain, Group, News | September 12, 2019 By:

Ethereum developer studio ConsenSys has become the newest Premier Member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies.

Founded in 2015, ConsenSys is developing a variety of applications which operate on the ethereum blockchain. The company is actively involved in numerous blockchain projects and initiatives, including real state platform Meridio, ethereum blockchain explorer, Blockapps Strato, TransActive Grid, EtherSign and Blockstack Labs, among others.

ConsenSys will join a Hyperledger membership made up of more than 270 leading companies in finance, banking, IoT, supply chain, manufacturing and technology. As Premier Member, the company will explore interoperability across blockchains and help drive standards to support enterprise-grade blockchain environments.

ConsenSys also announced that its PegaSys protocol engineering group submitted its Pantheon Java-based Ethereum client to Hyperledger as the project ​Hyperledger Besu. Besu, the 15th project in the Hyperledger greenhouse, is the first blockchain project submitted to Hyperledger that can operate on a public blockchain.

“As a new premier member, ConsenSys is now an active part of the Hyperledger community and the open source, open governance approach to blockchain,” said Brian Behlendorf, Executive Director of Hyperledger. “By submitting the code for Hyperledger Besu right out of the gate, ConsenSys is showing its support for our mission to build a broad coalition for advancing enterprise blockchain. The more technologies and members we have working together, the stronger the foundation we can collectively build for blockchain-based solutions.”

Joseph Lubin, Co-Founder of Ethereum and Founder of ConsenSys, said that PegaSys and ConsenSys have been committed to open source software and submitting Hyperledger Besu to Hyperledger demonstrates that commitment.

“Public networks with tens of thousands of nodes are most appropriate in a world in which we will see the tokenization of many types of assets and resources,” Lubin said.