Consensus Systems is joining the Linux Foundation Blockchain Initiative to advance blockchain technology. In December 2015, the Linux Foundation announced a collaborative effort with industry partners to focus on enterprise-grade, open source distributed ledger frameworks. Collaborators and partnerships include industry leaders in technology, finance, and the blockchain.



Joseph Lubin, founder of ConsenSys, stated that, “At Ethereum we had several conversations over the past year or so with some of the industry leading technologists who are contributing to the Hyperledger project. The discussion was often about creating a blockchain ‘fabric’ into which modules may be plugged-and-played to form various public or permissioned blockchain architectures. Since this is the direction Ethereum is moving in, especially in the form of the Haskell Ethereum client built by the BlockApps team at ConsenSys, we are happy to continue to participate in those discussions."



Jim Zemlin, executive director of The Linux Foundation said, “Distributed ledgers are poised to transform a wide range of industries from banking and shipping to the Internet of Things, among others. As with any early-stage, highly-complex technology that demonstrates the ability to change the way we live our lives and conduct business, blockchain demands a cross-industry, open source collaboration to advance the technology for all.”