NFTs are next for enterprise Ethereum, says ConsenSys founder Joe Lubin
NFTs are getting enterprises excited about the future of finance, but regulations are still needed to reach mainstream adoption. Nonfungible tokens, or NFTs, are known by the mainstream as digital assets that represent real-world objects such as art, music and fashion, among others. Yet, while most of the world may be enamored by the high selling prices of NFTs launched by celebrities, athletes and other famous individuals, nonfungible tokens are starting to pique the interest of corporations for business use cases.Enterprises embracing NFTs was a point discussed during the Enterprise....
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ConsenSys announced yesterday it had collaborated with Microsoft to implement its tools for building Ethereum-based decentralized applications (dapps) directly into the software giant's Visual Studio programming platform, a service that boasts more than 3 million registered users. During a tour of ConsenSys' Brooklyn, New York-based headquarters earlier this month CoinDesk was given a behind-the-scenes look at where the company's 30 New York City employees are helping mount a global push into both the financial and digital sectors with their distributed ledger technology. Outside, the....
In a recent turn of events, Ethereum’s co-founder, Joseph Lubin, is under legal scrutiny over alleged issues in equity promises related to his blockchain technology company, ConsenSys. ConsenSys, recently appraised at roughly $7 billion, is at the center of these allegations. The company, which has been instrumental in numerous blockchain innovations, is now caught in […]
Joseph Lubin believes Eth2’s development will move quicker than many are expecting, predicting the new protocol will “absorb” Ethereum in “the not too distant future” Speaking during the Ethereum in the Enterprise — Asia Pacific 2020 conference on Dec. 3, ConsenSys founder and Ethereum contributor, Joseph Lubin, predicted that Eth2 will devour Ethereum in “the not too distant future.”“People in the know around the ecosystem are very optimistic about how fast things could unfold as the really complicated work has been done in launching Phase 0,” he said.While the Eth2 roll-out was believed....
Millions of Microsoft developers are now able to build decentralized applications using the Ethereum blockchain thanks to a collaboration between the software giant and ConsenSys, announced today. By building Ethereum’s Solidity programming language for writing smart contracts directly into Mircosoft’s Visual Studio platform, developers will be able to build, test and deploy decentralized applications, or dapps, within an integrated environment they already know how to use. But don't think this is a money play for either ConsenSys, or Microsoft, at least not yet. In a conversation with....
Ethereum’s price rose 7% over the past 24 hours, continuing an apparent up-trend, increasing to $14.50, up from around $10 at the beginning of the month. Price Rises in Anticipation of Enterprise Ethereum – image from poloniex The main reason appears to be Enterprise Ethereum. Details are sparse, but a launch event is to be held tomorrow, on the 28th of February, at what appears to be JP Morgan’s offices in Brooklyn, New York. According to the event’s website: “[S]ome of the largest corporate users of Ethereum will demonstrate the most mature enterprise applications of blockchain running....