Joseph Lubin on How JPMorgan's Quorum Will Fit In at ConsenSys - Ep.140

Joseph Lubin, founder of ConsenSys and cofounder of Ethereum, discusses ConsenSys's acquisition this week of JPMorgan's blockchain solution, Quorum. In this episode, he talks about:

why JPMorgan sold Quorum to ConsenSys, and how that fits into ConsenSys's larger enterprise offerings

who Quorum's clients are and what it is used for

whether or not ConsenSys is also acquiring the Quorum team 

how the acquisition fits in with the Enterprise Ethereum Alliance and its standards-based approach to blockchain enterprise development

how much JPMorgan invested into ConsenSys

how much ConsenSys is raising 

how the Quorum acquisition fits into ConsenSys's larger restructuring into two main arms focused on software development and venture activity

how the pandemic has affected ConsenSys's business

the recent outcry over MetaMask's changes to its licensing structure and how it may eventually monetize with a token

his thoughts on Ethereum's five-year anniversary and where it is headed with Ethereum 2.0

Thank you to our sponsors! 

Crypto.com: http://crypto.com

Nexo: https://www.nexo.io

Episode links: 

Joe Lubin: https://twitter.com/ethereumJoseph

ConsenSys: https://consensys.net

ConsenSys Quorum: https://consensys.net/quorum

Announcement about acquisition of Quorum: https://consensys.net/blog/news/consensys-acquires-jpm-quorum/

https://www.theblockcrypto.com/linked/75947/consensys-jpm-quorum-announcement

The Block’s earlier reporting: https://www.theblockcrypto.com/daily/74687/jpmorgan-consensys-investment-deal

Initial report about deal by Reuters: https://www.reuters.com/article/us-jp-morgan-blockchain-exclusive/exclusive-jpmorgan-in-talks-to-merge-blockchain-unit-quorum-with-startup-consensys-sources-idUSKBN2051AW

Interbank Information Network: https://www.jpmorgan.com/solutions/treasury-services/payments-and-cross-currency-solutions/iin

ConsenSys receives money from Payroll Protection Program: https://www.theblockcrypto.com/post/70511/ledgerx-consensys-tendermint-crypto-ppp-trump

MetaMask licensing: https://decrypt.co/39514/metamask-tightens-license-in-response-to-crypto-browser-boom

Links from news recap:

https://unchainedpodcast.com/fidelity-and-the-next-best-thing-to-a-bitcoin-etf/