Joseph Lubin (entrepreneur)
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Joseph Lubin (born 1964) is a Canadian-American
businessman A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial ...
. He has founded and co-founded several companies, including the Swiss-based EthSuisse, contributing heavily to
Ethereum Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-s ...
, the decentralized
cryptocurrency A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership record ...
platform. Lubin is the founder of ConsenSys, a
Brooklyn Brooklyn is a Boroughs of New York City, borough of New York City located at the westernmost end of Long Island in the New York (state), State of New York. Formerly an independent city, the borough is coextensive with Kings County, one of twelv ...
-based software production studio. In February 2018,
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
estimated Lubin's net worth in cryptocurrency to be between one and five billion dollars.


Career

In early 2014, Lubin was a co-founder of
Ethereum Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-s ...
and served as
chief operating officer A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the C ...
of Ethereum Switzerland GmbH (''EthSuisse''), a company working to extend the capabilities of the type of blockchain technology first popularized by
Bitcoin Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...
, and extend the capabilities of the blockchain to store programs in addition to
data Data ( , ) are a collection of discrete or continuous values that convey information, describing the quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpreted for ...
, as well as facilitate, verify, or enforce the negotiation or performance of
smart contract A smart contract is a computer program or a Transaction Protocol Data Unit, transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement. The objective ...
s. The new generation of distributed crypto-secure databases with smart contract functionality has been referred to as " Blockchain 2.0". Lubin was also involved in the creation of the Ethereum Foundation. He subsequently founded ConsenSys in 2015, a decentralized blockchain production studio. It develops software mainly for the Ethereum blockchain system. It also provides decentralized software services to companies. They also do enterprise and government consulting. Lubin has been personally involved in cross-industry groups attempting to advance solutions to governance issues in the blockchain industry. Lubin graduated from
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
with a degree in
Electrical Engineering Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems that use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
and
Computer Science Computer science is the study of computation, information, and automation. Computer science spans Theoretical computer science, theoretical disciplines (such as algorithms, theory of computation, and information theory) to Applied science, ...
and worked with
Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...
. Lubin's roommate at Princeton was
Michael Novogratz Michael Edward Novogratz (born November 26, 1964) is an American investor, formerly of the investment firm Fortress Investment Group. He is currently CEO of Galaxy Investment Partners which focuses on investments in cryptocurrency. Early life R ...
.


References

Canadian emigrants to the United States Living people Princeton University alumni Businesspeople from Toronto American technology executives People associated with Ethereum Canadian billionaires 1964 births Goldman Sachs people {{US-business-bio-1960s-stub