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We’re proud to share the news today that @ConsenSys has acquired Quorum from J.P. Morgan and will merge the enterprise protocol engineering roadmaps and technology. JPM has also made a strategic investment in ConsenSys. #WelcomeQuorum https://consensys.net/blog/news/consensys-acquires-jpm-quorum/
We'll converge the product roadmaps for our mainnet-compatible client, Hyperledger Besu, with the leading platform for private-permissioned blockchain networks, Quorum. This will be a powerful offering, especially as we see more convergence of startups and large orgs on Mainnet.
This is a natural evolution for the Quorum platform and will enable expanded services for users. ConsenSys will now offer a full range of commercial-grade tooling and full support for Quorum, while also accelerating development with additional features & functionality.
ConsenSys and JPM have been collaborating for many years now, from driving the creation of @EntEthAlliance in 2016 to shared work on consortium networks. We look forward to prioritizing interoperability, standards, and a smooth transition through upcoming ETH Mainnet upgrades.
JPM’s investment in ConsenSys will also support further development of our software product suite, which helps developers build next-generation networks and enterprises launch more powerful financial infrastructure.
All of us at ConsenSys are excited for this milestone, which signals the strength of #Ethereum and the breadth of open-source activity the network supports––from major global business processes to the rapid innovation of institutional and open DeFi.
#WelcomeQuorum
#WelcomeQuorum
