In a recently conducted interview, Joseph Lubin, the co-founder of Ethereum, spoke about the ConsenSys project and the future applications of the Ethereum blockchain.
ConsenSys, which Lubin created in 2015 in New York, focuses on the development of applications based on the Ethereum technology [the third generation of the Internet”, Web 3.0]. According to Lubin, in ConsenSys, they work to communicate, collaborate and create interaction between all their different projects.
Consider their work as the construction of an ecosystem, which includes the Consensys ecosystem, the Ethereum ecosystem and the decentralization ecosystem. Lubin also explained why ConsenSys was built due to the fact that many developers felt that the application layer of Ethereum was not used enough.
The co-founder also revealed that the Ethereum layer was difficult to continue, which did not stop the team from creating development tools. Several companies have joined Consensys to build ConsenSys' infrastructures that will propagate the effects of blockchain technology, even more, says Lubin,
Lubin also said that ConsenSys aimed to grow infrastructure. of the product side of the company, mentioning updates in the company's corporate wing and decentralized business development tools. He said:
"ConsenSys helps to accelerate, or even launch, companies and projects that use Ethereum as a platform.We are redesigning the way companies or groups of people will offer services to consumers and other businesses and there are certainly some key issues related to cryptocurrencies, since there are problems with the buttons regarding the law on securities around the world. " Joseph Lubin said that soon there will be services like Airbnb and Uber that will use a decentralized ecosystem to work. He believes that such a system will play an important role in providing a more direct channel for service providers and consumers to connect. Lubin also added that many people were enthusiastic about decentralization and the safety rules have shaped the way cryptocurrency is seen in society.
He said that regulations issued by governments were better than expected and that postponed decisions are crucial in deciding the future. The House of Representatives of the United States also issued a statement a few weeks ago that states that digital currencies are the "future of money".
The announcement came in the wake of countries like South Korea, Malta and Switzerland that adopt and implement clear regulation for the $ 250 billion cryptocurrency market.