ConsenSys

Metamask Contributor: The Team Doesn’t Get Support From ConsenSys

It’s almost here – 2020 will be a big year for the distributed ledger technology (DLT) and as the blockchain news suggest, we could be seeing the following seven trends at the start of a new decade.1.SuperiorityThere are more and more scenarios where distributed ledgers are applicable. First in the list of the seven trends...
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Ethereum by Numbers, Why ETH Prices Will Rebound in 2020

Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still...
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Libra Project Should Not Be Headed by Facebook, Says Co-Founder of Ethereum

Ethereum co-founder said that Libra should not be run by Facebook because the social media giant still hasn’t earned the people’s trust. The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash...
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Microsoft Introduces Blockchain Platform for Minting Enterprise Tokens on Azure

Microsoft has announced the Azure Blockchain Tokens platform which will allow building blockchain tokens in the cloud. In a move that has seen Big Tech enter the crypto space on a whole new level, Microsoft has launched a platform on its Azure cloud infrastructure to make token deployment to become as easy as possible. Referred...
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Blockchain Weekend is Taking over NYC This November

BlockchainWeekend NYC is around the corner. What to expect from it? Just read this article to find out more details. Fall’s biggest Blockchain initiative, BlockchainWeekend NYC is just around the corner. Featuring 50+ events taking place across all five boroughs over the weekend of November 7-10, New York City’s tech and blockchain community comes together....
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Ethereum 2.0 will eliminate waste, specialized hardware: Co-founder Joseph Lubin

While most cryptocurrency ecosystems have started upgrading their blockchain services to improve their tokens’ use cases, Joseph Lubin, Co-founder of Ethereum and founder of ConsenSys, featured on the Fintech Beat podcast to share details about the Ethereum 2.0 ecosystem and how it may place itself within the existing financial system. He started by pointing out,...
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5 Major Automakers Beginning Field Testing of Automatic Blockchain Payments System

It has been revealed that Initially a vehicle identification network developed within the Mobility Open Blockchain Initiative will be tested in the US. The world’s leading car producers — BMW, General Motors, Ford, Renault, and Honda — have been working on the blockchain car identification and payment system under the Mobility Open Blockchain Initiative (MOBI)...
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Devcon Shows Ethereum’s ‘World Computer’ Is a Movement, Not a Product

news If there’s anywhere in the world where it feels right to believe in magic, it’s Devcon 5 in Osaka, Japan. The ethereum community faces a daunting task: scale its blockchain ecosystem to securely support the growing demand for mainstream use cases. Thousands of technologists and passionate fans gathered at Devcon this week to grapple...
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ConsenSys to provide $175,000 in grants to 7 Ethereum projects

Blockchain-based software company ConsenSys had previously launched a grants program back in February, a program that was intended to fund projects that enhanced the Ethereum network. Following the same, the Joseph Lubin-led company will be giving $175,000 in grants to about seven different projects on the Ethereum network, reports suggest. The company will extend its...
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ConsenSys Supports 7 More Ethereum Startups With $175K Grant

ConsenSys’s grants scheme continues a commitment to fund Ethereum innovation throughout 2019 and is now in its third round. Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding. ConsenSys recognizes “more unique ideas” Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of...
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ConsenSys Gives Ethereum A Boost: $175k Given to 7 Open-Source Initiatives

ConsenSys, a Brooklyn, New York-based Ethereum development studio studio, is awarding $175,000 to seven different open-source projects being developed on the Ethereum (ETH) blockchain. Revealed on October 10, the software development projects include Lighthouse, an innovative Ethereum software client, Tellor, an oracle network for handling off-chain data, Alice, a mobile-based platform for developing decentralized applications...
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7 Ethereum Projects Are Getting $175,000 in Grants From ConsenSys

news Venture studio Consensys is giving $175,000 to seven different open source software projects on the ethereum network. Announced on Oct. 10, these projects include a forward-looking ethereum software client called Lighthouse, an oracle network for off-chain data called Tellor, as well as, a mobile decentralized app builder called Alice, among others. About the new...
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Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts

The Enterprise Ethereum Alliance (EEA), the consortium charged with creating standards for businesses to build applications using the ethereum blockchain, has created a system of reward tokens to incentivize groups of companies. The system is backed by Microsoft and Intel. Showcased Tuesday at Devcon 5, the annual ethereum developers conference being held in Osaka, Japan,...
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Ikea Will Pay Invoices With Consensys-Backed Money Provider

The blockchain news today feature one South Korean blockchain provider named Blocko, which recently launched in the United Arab Emirates after securing a massive $16 million in funding. As some reports from a Mid-Eastern business publication report, the South Korean blockchain firm in UAE has partnered with SEED Group, a member of the Private Office...
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ConsenSys launches DeFi Score with an intent to evaluate financial risk in DeFi lending

Earlier today, blockchain software technology company ConsenSys announced the launch of ‘DeFi Score,’ – “an open-source methodology to evaluate code and financial risk in DeFi lending.” ‘DeFi’ or Decentralized Finance applications are products built on blockchain which allow for complex financial products like lending and borrowing platforms, asset management tools and decentralized exchanges. In the...
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Ethereum by Numbers Looking More Bullish Than Ever

There is no doubting that Ethereum has been the shining star this week. There is a glimmer of hope that it may finally be decoupling from its big brother and starting to move independently as it should. New research indicates that the Ethereum ecosystem is strengthening in more ways than one.Ethereum: Greater Than The Sum...
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Ethereum Poised to Be the First Public Blockchain Network on the Hyperledger Consortium

The Pantheon project basically aims to provide a number of Ethereum-based services built by ConsenSys’ strong engineering team called PegaSys. Ethereum is all set to join the open-source Hyperledger consortium. It would be the first public blockchain network joining Hyperledger as the latter’s technical steering committee approves a proposal for adopting the ConsenSys-backed Pantheon project....
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Stream Music, Get Crypto: Ujo Using Ethereum Tech to Pay Artists

Micropayments are a great use case for off-chain, “Layer 2” state channel technology. Now, ConsenSys-backed and Ethereum-based Ujo Music is turning that use case into reality by leveraging the Connext project’s related payments channel tech to pay music streamers in cryptocurrency more efficiently. As for the payments involved, Ujo streamers will be paid in the...
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