In brief

  • ConsenSys and Hitachi have teamed up to bring commercial blockchain-based solutions to the Japanese market.
  • The companies will offer customers PegaSys Plus—an implementation of Ethereum client Hyperledger Besu.
  • In the future, the companies may also co-develop joint go-to-market initiatives.

Hitachi has expanded its blockchain-based commercial solutions in a partnership with ConsenSys—which funds an editorially independent Decrypt—starting today.

Hitachi’s integration, consulting and core IT arm, Hitachi Solutions, will now offer its Japanese clients solutions built on PegaSys, which runs on the public Ethereum blockchain and private versions of it.

Speaking to Decrypt, a spokesperson for ConsenSys explained that Hitachi Solutions will act as a reseller/distributor of PegaSys Plus globally, but with a special focus on Japan, given that is their domestic market.

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“ConsenSys is also considering joint R&D and development with Hitachi itself, both on commercial projects and also through the Hyperledger Foundation,” she added.

ConsenSys stated that both Hitachi Solutions and Hitachi have clients who want to develop proof of concepts and production projects on Ethereum. The companies have already been servicing them using Hyperledger Fabric, and will now start offering solutions built on PegaSys Plus.

“Hitachi Solutions and ConsenSys will collaborate to provide comprehensive services and solutions for decentralized applications built on PegaSys Plus, from the introduction of PoCs [proofs of concepts] to development, operation, and client education,” reads the official announcement.

Per the blog post, customers will be able to utilize PegaSys in various fields such as financial services, healthcare, supply chains, logistics and retail. The client provides additional commercial features, including security configuration, real-time event streaming, advanced monitoring and database encryption.

The joint initiative will offer its customers various end-to-end solutions, ”from education and training to advisory, to PoC and production builds across use cases, using the PegaSys,” ConsenSys spokesperson added.

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As Decrypt reported previously, ConsenSys has become a premium member of Hyperledger, a project focused on open-source technologies related to enterprise blockchains, last September. The engineering team behind PegaSys submitted its Ethereum client to the project at the same time.

For now, the partnership is primarily a distribution channel. However, ConsenSys and Hitachi are already considering “opportunities for co-development and joint go-to-market initiatives.”

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