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/