ConsenSys

November 21, 2023 - Around 2 mins mins to read

What Is ConsenSys?

ConsenSys is a blockchain technology company that offers developer tools and enterprise solutions. Its main goal is to empower developers, enterprises, and individuals worldwide to create next-generation applications and launch modern financial infrastructure while accessing the decentralized web.

ConsenSys was founded by Joseph Lubin and has its headquarters in Brooklyn, New York, with additional offices in Washington, D.C., and San Francisco.

Established in October 2014, ConsenSys specializes in the development of decentralized software services and applications that operate on the Ethereum blockchain.

One of ConsenSys’ notable projects is MetaMask, an Ethereum wallet application that allows users to store, transfer, and interact with cryptocurrencies, tokens, and decentralized applications built on the Ethereum blockchain.

ConsenSys provides a wide range of solutions, including asset management, capital markets, DeFi for institutions, global trade and commerce, payments and money, and more.

In addition to MetaMask, ConsenSys has other products such as Codefi, Diligence, Quorum, Infura, and Truffle.

Codefi is a suite of blockchain applications for commerce and finance.

MetaMask serves as a cryptocurrency wallet and gateway to blockchain decentralized applications.

Diligence conducts security audits for smart contracts on the Ethereum blockchain.

Quorum is a complete open-source blockchain protocol designed for business purposes.

Infura provides instant and fully scalable API access to the Ethereum and IPFS networks.

Truffle is a development environment and testing framework for smart contracts on the Ethereum blockchain.

Glossary