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Joseph Lubin: Ethereum Co-Founder Joins Hyperledger Board

September 12, 2019 at 3:00 AM | By Jit Sutradhar News

Joseph Lubin, co-founder of ethereum, will join the board of directors of the blockchain consortium led by the Linux Hyperledger Foundation.

The move comes when ConsenSys, the ethereum development startup founded by Lubin, becomes the last Hyperledger principal member, ConsenSys announced Wednesday.

ConsenSys said it will work as part of the group to explore interoperability between blockchains, as well as to promote standards to support “enterprise-level blockchain environments.”

ConsenSys PegaSys protocol engineering group recently introduced its ethereum client, formerly known as Pantheon, to the group as the Hyperledger Besu project. Besu, which aims to provide a platform for “open development and deployment,” marks the first blockchain-compatible public presentation to Hyperledger, the firm said.

According to Lubin:

“PegaSys and ConsenSys have been committed to open source software and submitting Hyperledger Besu to Hyperledger demonstrates that commitment. Public networks with tens of thousands of nodes are most appropriate in a world in which we will see the tokenization of many types of assets and resources.”

Hyperledger now has more than 270 member companies in industries such as finance, banking, IoT, supply chain, manufacturing and technology. The governing board now includes 22 main members, including Consensys.

“The more technologies and members we have working together, the stronger the foundation we can build collectively for blockchain-based solutions,” said Brian Behlendorf, Hyperledger’s chief executive.

Joseph Lubin image via CoinDesk archives

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