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ConsenSys: Market Leading Blockchain Solutions
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CIOREVIEW >> Blockchain >> ConsenSys

ConsenSys has been recognized by CIOReview Magazine as the recipient of “,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Joseph Lubin Founder of ConsenSys and Co-Founder of Ethereum.

ConsenSys
Market Leading Blockchain Solutions

ConsenSys

Joseph Lubin Founder of ConsenSys and Co-Founder of Ethereum
The advent of Blockchain technology has facilitated entirely new methods of management and payments. That said, Ethereum blockchain's battle-tested architecture and unrivaled programmability is enabling enterprises to build secure and customizable business networks and applications at scale. Today, leading financial institutions, governments, and conglomerates are already leveraging the benefits of blockchain-based solutions by streamlining business processes and mitigating risk with zero downtime for use cases as wide-ranging as digital asset creation and post-trade settlement. From remittances to microloans and more, the technology is ushering a highly secure global payment infrastructure through financial empowerment and operational efficacy. However, many companies still face interoperability issues, regulatory hurdles, data security concerns, and a lack of a skilled workforce as significant challenges when adopting blockchain technology. Dedicated to transforming the world's digital architecture into a more open, inclusive, and secure internet of value, commonly called Web3—ConsenSys, a blockchain company, that builds software to enable enterprises, and governments unlock new business models, gain efficiencies through a shared IT infrastructure, and utilize modern cryptographic methods to safeguard private user data. The company is headquartered in Switzerland, with a presence in over 30 countries around the world deploying real-world Enterprise Ethereum solutions to secure their IT infrastructure and optimize workflows. "We have arrived at a breakthrough in how we can build trust into all of our systems. We are at the beginning of the next revolution, the Trust Revolution," - Joseph Lubin Founder of ConsenSys and Co-Founder of Ethereum.
To help enterprises optimize business processes, digitize assets and financial instruments, ConsenSys offers its the blockchain application suite for global commerce and finance called ,’Codefi’. The blockchain application suite features six core products – Codefi Assests, Codefi Data, Codefi Payments, Codefi Networks, Codefi Complaince and Codefi Staking. Each module is designed to accelerate blockchain development with configurable, easy-to-integrate tools that deliver flexible, scalable, secure and customized decentralized applications through rapid deployment APIs, offering private-label user interfaces and experiences. By deploying shared data standards and common workflows, the company’s products reduce infrastructure and operational costs across business processes, payments, and digital assets. In addition, Codefi deploys smart contracts to automate processes across multiple actors and offers advanced compliance capabilities that include KYT frameworks, high-risk case management, and real-time reporting with custom dashboard.


To further illustrate the efficacy of ConsenSys’solution, in a recent collaboration with Mata Capital— the product has helped digitalise and optimise real estate asset management by decreasing minimum investor subscription amounts to €1. By utilizing Codefi, Mata Capital was able to bring down the cost of onboarding, operating the subscriptions and manage the share registry of its investment funds directly on the public blockchain. “Codefi Assets is helping us lead the largest tokenized operation in Europe. Their partnership has been instrumental in our leveraging blockchain technology to optimize fund management processes across our activities,” Baptiste Saint-Martin, Product Development Manager at Mata Capital. Founded by Ethereum co-founder Joseph Lubin in 2014, ConsenSys is a global formation of developers, entrepreneurs, enterprise leaders, security experts, lawyers, educators, creatives, and more who are working together to lay the foundations for a decentralized future. Since then, the firm has incubated and accelerated Ethereum startups to launch products across various industries, from law to journalism to real estate.

Company
ConsenSys

Headquarters
Zug, Switzerland

Management
Joseph Lubin Founder of ConsenSys and Co-Founder of Ethereum

Description
ConsenSys, a blockchain company, that builds software to enable enterprises, and governments unlock new business models, gain efficiencies through a shared IT infrastructure, and utilize modern cryptographic methods to safeguard private user data. The company is headquartered in Switzerland, with a presence in over 30 countries around the world deploying real-world Enterprise Ethereum solutions to secure their IT infrastructure and optimize workflows

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