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Joseph Lubin on How JPMorgan's Quorum Will Fit In at ConsenSys
Released Friday, 28th August 2020
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Joseph Lubin, founder of ConsenSys and cofounder of Ethereum, discusses ConsenSys's acquisition this week of JPMorgan's blockchain solution, Quorum. In this episode, he talks about:
why JPMorgan sold Quorum to ConsenSys, and how that fits into ConsenSys's larger enterprise offerings
who Quorum's clients are and what it is used for
whether or not ConsenSys is also acquiring the Quorum team
how the acquisition fits in with the Enterprise Ethereum Alliance and its standards-based approach to blockchain enterprise development
how much JPMorgan invested into ConsenSys
how much ConsenSys is raising
how the Quorum acquisition fits into ConsenSys's larger restructuring into two main arms focused on software development and venture activity
how the pandemic has affected ConsenSys's business
the recent outcry over MetaMask's changes to its licensing structure and how it may eventually monetize with a token
his thoughts on Ethereum's five-year anniversary and where it is headed with Ethereum 2.0
Thank you to our sponsors!
Announcement about acquisition of Quorum:
The Block’s earlier reporting:
Initial report about deal by Reuters:
Interbank Information Network:
ConsenSys receives money from Payroll Protection Program:
Links from news recap:
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Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I'm a nocoiner.
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