Joseph Lubin: “Enterprise versions of Ethereum continue to evolve”

Ethereum co-founder and ConsenSys CEO Joseph Lubin said the merging of public mainnet concepts and enterprise versions of the technology is closer than ever.

Joseph Lubin spoke at the Enterprise Ethereum Alliance (EEA) event marking the sixth anniversary of the Ethereum mainnet launch, which was also attended by Ethereum co-founder Vitalik Buterin.

Lubin’s company ConsenSys has become the cornerstone of the development of the direction of enterprise blockchains based on Ethereum. Recall that last year, ConsenSys bought a managed platform on the Quorum blockchain from the American banking holding JPMorgan Chase.

Regarding the concept of merging the public and enterprise versions of Ethereum, Lubin said that banks like JPMorgan and Goldman Sachs are “not only putting a lot of attention on Ethereum’s public network, but starting to do something about digital assets.” He mentioned that the Enterprise Ethereum Alliance is also actively discussing the concept of “enterprise blockchains”.

“So, in the context of the EAA, can Polygon be considered a corporate structure? Is the Maker Foundation an enterprise? The definition of “enterprise” is constantly changing, ”Lubin said.

EEA Chairman John Whelan said he is looking forward to deploying Ethereum sidechains and second-tier solutions that target enterprises. When he first joined the EEA, he said, he was asked if the enterprise version of Ethereum and the public network would remain separate concepts. “The answer is no,” he said.

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