Health News

ConsenSys spins off ConsenSys Health

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As part of the restructuring announced three weeks ago, today blockchain company ConsenSys announced that ConsenSys Health is becoming an independent company. Last month’s changes involved laying off 14% of its staff and spinning out ConsenSys Investments. “Technology for the healthcare industry demands the foundational security, identity and efficiency that blockchain technology provides, along with unique privacy and ethical considerations that deserve singular focus,” said Joe Lubin, Founder of ConsenSys, and Co-Creator of Ethereum. He continued: “Spinning off a separate company in this area is an opportunity for us to combine the powerful technology built by ConsenSys with a team of domain leaders to solve the biggest challenges in healthcare, many of which we feel the impact of daily.”

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