#Japan #Tokyo #Web3 #Ethereum #Consensus Base

Introduction

Consensus Base, a Tokyo-based company specializing in Web3 technology, has recently announced the launch of their Validator operation support service for Ethereum (ETH) and other major blockchains. This service aims to assist financial institutions and large enterprises as they transition from the planning and proof-of-concept (PoC) stages to actual implementation and operation of Web3 solutions.

Background: The Transition in Web3 Adoption

Over the past few years, discussions around Blockchain technology have moved from theoretical applications to practical use cases in several critical areas:
1. Financial infrastructure, payment, and settlement
2. Utilizing digital assets and tokens
3. Managing data in real estate and supply chains
4. Integrating with enterprise systems

Despite this progress, operating a Validator comes with significant challenges. Validators must maintain a constant operational presence, minimize risks, and are often difficult to outsource. These factors have made Validator operations one of the most considerable hurdles in adopting Web3 technologies.

What Does Validator Operation Support Entail?

Consensus Base offers comprehensive support for system design and operations centered around Validators, leveraging their extensive experience in Web3 development and contract work. Their support includes:

• - Building and supporting Validators for Ethereum and similar blockchains
• - Designing infrastructure with high availability and security in mind
• - Consideration of operational risks, including slashing
• - Establishing operation monitoring and incident response frameworks
• - Designing Web3 architectures that incorporate Validator operations

Unlike traditional node operation services, Consensus Base integrates Validator operations into a broader design philosophy encompassing the entire business and system architecture.

Value for Financial Institutions and Large Enterprises

The Validator operation support service is primarily aimed at organizations facing certain challenges:

• - Interest in utilizing Web3 but hindered by operational risks
• - Completed PoC but hesitant to move to production
• - Need for a design partner who understands the overall design philosophy, rather than relying on external vendors
• - Desire for future in-house governance and operational capabilities

By providing end-to-end support that begins with Validator operations and extends to contract development, technical advising, and consulting, Consensus Base enhances the operational capabilities of financial institutions and large corporations as they adopt Web3 technologies.

Future Outlook

Moving forward, Consensus Base plans to expand its services to support multiple blockchains beyond Ethereum. They aim to provide integrated assistance that includes "Web3 infrastructure, system implementation, and operational design" for financial institutions and large enterprises. Consensus Base aspires to become a key partner in embedding Web3 into business operations rather than allowing it to remain merely an experiment, driving societal implementation.

About Consensus Base

Founded in 2015, Consensus Base is recognized as Japan's first dedicated blockchain company, boasting over 100 successful development and consulting projects, earning high trust from various organizations, predominantly listed companies. By leveraging their extensive domestic and international project experience, they support cutting-edge areas like stablecoins and DeFi, offering one-stop assistance from strategy formulation to design, implementation, and operations. Their robust technical expertise and international insights power the adoption of Web3 technologies, facilitating the creation of new value for enterprises.

Company Overview

• - Company Name: Consensus Base Inc.
• - Location: 6F Estage Ohsaki Building, 3-5-2 Ohsaki, Shinagawa, Tokyo
• - CEO: Hiroshi Shimo
• - Business Scope: Contract development of blockchain/smart contracts, auditing support, node operation services, and more
• - Website: Consensus Base

Contact Information

For inquiries regarding this matter, please contact the public relations department of Consensus Base via the inquiry form.