Consensys Quorum

Definition ∞ Consensys Quorum is an enterprise blockchain platform built on Ethereum technology for private and permissioned networks. It offers features like transaction privacy, enhanced performance, and robust identity management, making it suitable for business applications requiring controlled access. Quorum supports various consensus mechanisms and allows for the creation of secure, scalable blockchain solutions. This platform facilitates the development of decentralized applications within a regulated environment.
Context ∞ News often covers Consensys Quorum’s adoption by financial institutions and corporations for secure, private digital asset initiatives and interbank settlements. Its utility in creating tokenized assets and supply chain solutions is a recurring theme in enterprise blockchain discussions. The platform represents a key effort to bridge public blockchain innovation with corporate compliance and privacy needs.