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Ethereum development firm ConsenSys joins Hyperledger as a premier member

Thu, 12 Sep 2019, 04:09 am UTC

ConsenSys, the ethereum development startup founded by Joseph Lubin, has joined blockchain development project Hyperledger as a premier member.

As a new premier member, ConsenSys is now an active part of the Hyperledger community and the open-source, open governance approach to blockchain… The more technologies and members we have working together, the stronger the foundation we can collectively build for blockchain-based solutions,” Hyperledger executive director Brian Behlendorf said.

Being a member of the Linux Foundation-led blockchain consortium, ConsenSys said it will work to explore interoperability across blockchains and help promote standards to support enterprise-grade blockchain environments, as per a press release.

ConsenSys’ PegaSys protocol engineering group has also reportedly submitted its ethereum client, formerly called Pantheon, to the group as the Hyperledger Besu project.

By submitting the code of Hyperledger Besu right out of the gate, Consensys is showing its support for our mission to build a broad coalition for advancing enterprise blockchain,” Behlendorf noted.

Besu reportedly marks the first public blockchain-compatible submission to Hyperledger and is the 15th Hyperledger project. It is aimed to offer a platform for “open development and deployment.”

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.

Following the move, Lubin will join the governing board of Hyperledger. Currently, Hyperledger has more than 270 members across different industries. The governing board now has 22 premier members, including ConsenSys.

Last month, Hyperledger has onboarded 11 new members into its line-up, including Bitfury, Blockforce, Cargill, The Elamachain Foundation, FNZ, Mindtree, Splunk, Truffle Blockchain Group, and Unbound Tech. Its new associate members were the University of Nicosia and The United Nations International Computing Centre (UNICC).

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