ConsenSys

ConsenSys is a blockchain software technology company that has gained an important place in the blockchain world. ConsenSys was founded by Joseph Lubin and the company has offices in Brooklyn, New York, Washington, D.C, and San Francisco.

Ethereum Co-Creators: ConsenSys

Joseph Lubin, one of the Ethereum co-creators, developed three different Ethereum products in 2018 at ConsenSys, the world’s largest blockchain software development firm based in New York.

ConsenSys has served many investors and users since its establishment continued to improve itself. Subsequently, Lubin launched Truffle which is the world’s most popular blockchain, the node infrastructure Infura, and the digital asset wallet MetaMask.

Truffle, Infura, MetaMask, and Ethereum

MetaMask has an app marketplace that allows mobile Blockchain users to easily access newly created dApps on the Ethereum Blockchain network.

Truffle, on the other hand, is a solution that uses the secure hardware in the mobile phone and transmits the information securely to the Blockchain.

ConsenSys and AMD Partnership

The trio of ConsenSys, AMD, and Abu Dhabi-based investment management firm Halo Holdings was working on a blockchain-based cloud computing infrastructure. ConsenSys announced the collaboration in a press release published on January 4, 2019. In collaboration, ConsenSys will provide expertise in computing and technology use cases on the security side of blockchain transactions.

According to the press release, W3BCLOUD will be the first independent cloud computing blockchain infrastructure to meet the requirements of both the public and private sectors.

Microsoft Invests in ConsenSys

According to the press release dated March 15, 2022, the value of Ethereum software developer ConsenSys has soared to $7 billion after raising $450 million during the Series D funding round! Technology giant Microsoft is among the investors of ConsenSys.