ConsenSys Officially Joins Hyperledger Project – Adding Public Blockchain Capability to Hyperledger

Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger.

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ConsenSys and Hyperledger announced that ConsenSys has become the newest Premier Member of Hyperledger – and – ConsenSys’s PegaSys protocol engineering group submitted its Ethereum client, formerly known as Pantheon, now known as Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger. Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies, hosted by the Linux Foundation.

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Joseph Lubin, Co-Founder of Ethereum and Founder of ConsenSys, will join the governing board of Hyperledger, which now counts 22 members. “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.”

ConsenSys will join a Hyperledger membership made up of 270+ leading companies in finance, banking, IoT, supply chain, manufacturing and technology. ConsenSys’ PegaSys submitted a blockchain framework based on public Ethereum for users to build and run robust, industry-specific applications, platforms and hardware systems to support business transactions. As a member of the Hyperledger community, ConsenSys will explore interoperability across blockchains and help drive standards to support enterprise-grade blockchain environments. Hyperledger Besu will benefit from a global community of Hyperledger developers, technical working groups, and leading open-source governance standards.

“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, 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 worked together, the stronger the foundation we can collectively build for blockchain-based solutions.”

Hyperledger Besu is the 15th project in the Hyperledger greenhouse. Hyperledger Besu, a Java-based Ethereum client formerly known as Pantheon, is the first blockchain project submitted to Hyperledger that can operate on a public blockchain. Besu represents the growing interest of enterprises to build both permissioned and public network use cases for their applications. The project’s design and architecture decisions have been aimed at clean interfaces and modularity, with the goal of making Hyperledger Besu a platform for open development and deployment.

PegaSys (Protocol Engineering Groups and Systems) is a 65-person team dedicated to the enterprise-grade blockchain at ConsenSys. By building Enterprise Ethereum, we bring together the strengths of public and private blockchains: a large developer community while meeting enterprise needs for privacy and permissioning. We are focused on privacy, permissioning, scalability, and other features to make Ethereum production-ready. PegaSys will be launching PegaSys Plus, its commercial license version offering premium enterprise features and 24/7 support in October.

ConsenSys is a blockchain company dedicated to transforming the world’s digital architecture into a more open, inclusive, and secure internet of value, commonly called Web3. With a more trustworthy internet architecture, ConsenSys builds software to help individuals, enterprises, and governments unlock new business models, gain efficiencies through a shared IT infrastructure, and utilize modern cryptographic methods to safeguard private user data. Through our unique global business comprised of a venture fund and startup incubator, Enterprise Ethereum consulting arm, and an educational Academy, ConsenSys is building for the decentralized future.

Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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