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R3, the company behind distributed ledger technology (DLT) platform Corda, is edging ever closer to Ethereum, with news of a partnership with blockchain-in-the-cloud startup Kaleido.The announcement comes following Kaleido’s emergence as a standalone company last month. The startup revealed Tuesday it was spun out of ConsenSys, the Ethereum-based venture studio
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Hitachi Solutions will be the first company in Japan permitted to conduct sales of blockchain software technology company ConsenSys’ product PegaSys Plus starting on April 1.According to a March 30 press release, Tokyo-based Hitachi announced it would work in collaboration with U.S.-based ConsenSys to provide PegaSys Plus to the
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Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline was founded by EY in partnership with Microsoft and ConsenSys, and was developed in collaboration with
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A ConsenSys token platform launching its first token project Tuesday hopes to support ethereum projects while discouraging speculative investing and trading in their tokens.Activate – a decentralized token network that actively polices speculative token making – announced it was going live with SKALE, an ethereum scaling project, as its first
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The blockchain world may soon be seeing a major merger with the traditional financial sector.JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.According to a Reuters report on Feb. 11, unnamed persons familiar with the matter claim
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Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor.According to a Reuters report Tuesday citing "people familiar with the plans," while the terms of the deal currently under discussion are still not agreed, the merger might happen within the next
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ConsenSys has purchased a U.S.-based broker-dealer in an attempt to overhaul the multi-trillion-dollar municipal bond market.The ethereum-focused VC and technology company said it had completed the purchase of the Philadelphia-based Heritage Financial Systems, Bloomberg reported Tuesday. The acquisition gives ConsenSys advisory and broker-dealer capabilities in the U.S., allowing it to
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Blockchain software company Consensys let go of an additional chunk of its staff while splitting its focus in two separate directions. Consensys cut its employee base down by roughly 14%, the company announced on Feb. 4 in a press release. Headquartered in New York, Consensys has also decided to split the
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ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi
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Ethereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday that its latest restructuring would shrink the firm’s headcount by approximately 14 percent.“In the coming months, ConsenSys will finalize the transition from its venture production model and spin
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