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The ConsenSys 2019 Annual Report

A year of enterprise exploration, increased composability, and ethically growing open source. Check out highlights from ConsenSys’ 2019.

By ConsenSys

December 17, 2019

Every year in blockchain brings a quantum leap of activity and adoption—it’s sometimes hard to see all the growth amidst the chaos. The Ethereum ecosystem has been experiencing network effects as development on the Ethereum 2.0 and Web3 stack infrastructure stands up. Meanwhile, leading enterprises around the world are moving stridently on towards implementing blockchain solutions. On the retail level, decentralized finance has established itself at the forefront of digital assets. Directly in the middle of the action, ConsenSys has led the blockchain industry with infrastructure, product development, and community building.

2019 witnessed the integration of separate Ethereum stack components, and increased composability. OpenLaw integrated MakerDAO’s DAI stablecoin to settle real-world transactions, Alethio and TruSet teamed up to provide trusted, and accurate business-relevant data to API users, and a record number of DeFi projects built their protocols atop of Ethereum. 2019 was a year of continued Ethereum support, as ConsenSys Grants injected $420,000 into 20 initiatives to build Ethereum solutions. Gitcoin released Gitcoin Quests, providing a fun way to introduce Web2 devs to Web3. 

This year, various enterprises found fitting use cases for blockchain technology; the luxury industry turned to blockchain to address the growing customer desire for sustainability. In May, LVMH partnered with ConsenSys to develop a platform that authenticates luxury goods. ING executed its first commodity trade transaction on komgo. The Global Legal Entity Identifier Foundation (GLEIF) leveraged uPort to issue digital credentials to enterprises and executives


2019 was a year of enterprise exploration, increased composability, and ethically growing open source. This post takes you on a year-long journey of ConsenSys’ 2019.

January

  • Halo Holdings, AMD, and ConsenSys develop cloud-computing infrastructure W3BCLOUD.
  • ConsenSys contributes to $2M seed round of Monerium, the first and only company authorized to issue regulated e-money on blockchains. 
  • Google, Lenfest, and ConsenSys partner with the creators of WordPress to fund the development of a next-generation publishing platform for digital news startups. 
  • ConsenSys Labs invests $1 million in ​Coinhouse​, the popular France-based crypto-asset investment platform.
  • The ConsenSys France dev team launch the Dauriel Network, enabling the issuance, management, and transfer of “tokenized” financial assets.
  • ConsenSys invests in Tenta​, an encrypted, privacy-enabled, Ethereum-enabled crypto browser, powered by a secure network and trust protocol. 
  • Harvard, the US State Department, the Levi Strauss Foundation, and ConsenSys team up to improve the lives of factory workers by asking personal questions about health, family, and workplace management. 
  • Truffle, the smart contract development suite, has 113,253 monthly downloads.
  • Gitcoin reaches $263,946 gross marketplace value.

February 

  • PegaSys releases Pantheon 1.0, an Ethereum client in Java. 
  • uPort teams up with ABCPlatform to unlock universal access to the market of hard-to-trade commodities. Together, they reimagine investment diamonds as an institutional asset class for portfolio diversification, inflation hedging, risk management, and more. 
  • Helena Network, a prediction markets platform for the crypto industry, goes live on mainnet
  • ConsenSys adds FinTech leader Charles d’Haussy to the roster as Director for Strategic Initiatives and market lead for Hong Kong.
  • ConsenSys and Allinfra announce a joint venture, delivering access, choice, and liquidity to investors in unlisted infrastructure assets.
  • Singapore government-supported Tribe Accelerator signs MOU with ConsenSys with aims to undertake initiatives and activities to further the blockchain ecosystem in Singapore. 

March 

April 

May 

June 

July 

August 

September 

October 

November 

December