ConsenSys to acquire Quorum from JP Morgan in big enterprise blockchain move

ConsenSys is to acquire Quorum, the JP Morgan-developed Ethereum variant, in what promises to be a major development in the enterprise blockchain space.

The deal will see ConsenSys merge its existing engineering roadmap with Quorum, with the latter remaining open source and becoming interoperable with other ConsenSys products, such as Codefi's finance and commerce application suite.

The two companies have been long-standing members of the Enterprise Ethereum Alliance...

KPMG calls US blockchain investments in 2018 sign of ‘tremendous growth’

US-based blockchain investments in the first half of this year already exceed the annual total of 2017, according to KPMG’s biannual fintech investment analysis report, ‘The Pulse of Fintech 2018’. While the company didn’t report on specific figures, the statement is sufficient to highlight the mass growth of interest in the technology, and follows recent predictions from the International Data Corporation (IDC) that the blockchain industry will see a compound annual growth rate of...