As an effort to accelerate the development project by ConsenSys, the firm is seeking approximately $200 million to fund the project development studio by the co-founder of Ethereum, Joe Lubin. The company is also approaching the Chinese investors to fund the project which is based on a $1 billion valuation.
A tech company, ConsenSys has set-up a new home for its Ethereum blockchain software company in Hong Kong. Charles d’Haussy its newly joined Director for Strategic Initiatives will help to drive blockchain and Ethereum growth in Hong Kong, with his considerable experience and familiarity of the local FinTech, enterprise and government sectors & growth across the Asia Pacific.
The co-founder of Ethereum has announced regarding its recent collaboration with the Philippine authorities in rewarding the citizens for cleaning garbage at the country’s local beaches. More initiatives are taken to attract the people in cleaning up the beaches in the country has been arranged, such as steps by a Norwegian entrepreneur.
The SK Holdings C&C has associated with ConsenSys aimed at the development of an ‘enterprise blockchain development hub’ to support the entities in Korea. A memorandum of understanding has been signed between the parties emphasizing the integration of ‘smart contracts.’ The SK would also support an Ethereum developer trainer program by the end of this year.
The ConsenSys Labs led the $2.1 million seed funding for the AZTEC startup. The company, founded by Dr Zachary Williamson and Tom Pocock, aims to support the financial institutions embrace ethereum blockchain by making ethereum transactions private. Other investors who funded the startup includes Entrepreneur First, Samos Investments, Jeffrey Tarrant (Mov37) and Charlie Songhurst.
The Coinbase, Circle and ConsenSys have joined the Global Digital Finance (GDF) to come up with a global crypto ‘Code of Conduct.’ The Code of Conduct will cover, Overarching Principles, Principles for Token Sales and the Principles for Token Platforms. The co-founder of GDF stated, “Regulators have been hugely supportive of the development of GDF and the Code.”
The asteroid mining company, Planetary Resources, has been bought by ConsenSys blockchain firm in an asset purchase consideration. The terms of the agreement were not disclosed. Reportedly, the president and chief executive of Planetary Resources, Chris Lewicki, and the general counsel, Brian Israel, would be joining the office of ConsenSys as part of the acquisition.
An Ethereum developer, ConsenSys has been invited by the government of China’s official in Xiongan to make Xi Jinping’s urban dream city comes true. ConsenSys will be the advisor of the Xiongan government on the implementation of blockchain technology and provide its software solutions. The memorandum of understanding (MoU) between two parties has been signed in Beijing.
The Open Mineral has associated with the DApp developer ConsenSys to develop a group for Minerac, a blockchain project for enhancing mineral trading and supply chain logistics. The company believes that the blockchain would help improve their trade effectively and efficiently. The company quoted, “Minerac will allow stakeholders to securely exchange critical trade documents.”
The global business development lead for ConsenSys for Asia-Pacific, Aiai Garcia believes Philippines’ potential in becoming the sandbox for Asia’s blockchain space. In a recent interview, Aiai Garcia commented, “There are plenty of exciting projects, and the good thing is that all the regulators we’ve talked with or are talking to are also excited about the technology.”