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{{#seo:
|title=Monax. Software technology company - zaoniaoWiki
|keywords=blockchain projects, Monax, smart contracts, software company, eris, eris industries, open-source, platform, for business
|description=Monax is a blockchain and smart contract software technology company founded in 2014. Incorporated as Eris Industries and previously known as Eris, the company changed its name to Monax in October 2016.
}}
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[[File:monax.png|500px|right|Monax company logo]]
'''[https://www.monax.io/ Monax]''', oficially '''Monax Industries Limited''', is a [[blockchain]] and [[smart contract]] software technology company founded in 2014. Incorporated as "Eris Industries" and previously known as "Eris", the company changed its name to Monax in October 2016.<ref>[http://www.coindesk.com/double-standards-the-push-for-blockchain-interoperability-could-get-messy/ Double Standards: The Coming Push for Blockchain Interoperability - CoinDesk]</ref> The firm has offices in London, Berlin, and Connecticut.

==Description==
{{#ev:youtube|Up0MPy7mRWM|500|right|Coin Interview with Brian Fabian Crain of Monax (formerly Eris Industries)}}
Monax provides a free and open-source platform to assist developers to build, ship and run blockchain and smart contract-based applications for business systems and processes. Monax includes a reimplementation of the [[Ethereum]] Virtual Machine; the company also sells smart contract software development kits (SDKs) and support services<ref>[https://monax.io/2016/11/28/products-products-products/ Monax’s First Two Product Lines: Premium Support and SDKs]</ref> to firms investigating the applications of blockchain and distributed ledger technology.

=== Name ===
The word "monax" is part of the binomial name for a groundhog (''marmota monax''). The company uses a logo of a groundhog and employees and community members are often referred to as "marmots."<ref>[http://www.coindesk.com/hyperledger-to-gain-first-ethereum-virtual-machine-with-monax-membership/ Monax to bring Ethereum Tech to Hyperledger Blockchain Group]</ref>

=== Impact and users ===
Monax's technology has a database-centric, rather than cryptocurrency-centric, approach to blockchain technology.

Their [[software]] is used by 40 member banks of the [[R3 (company)|R3]] distributed ledger consortium<ref>[http://www.ibtimes.co.uk/r3-completes-trial-five-cloud-based-blockchain-technologies-40-banks-1547260 R3 completes trial of five cloud-based blockchain technologies with 40 banks]</ref>

In November 2016 SWIFT, an 11,000-member financial market infrastructure provider, announced two blockchain prototypes, automating a corporate bond and ISO 20022 messaging, both using Monax's software.

In March 2017, Monax joined the [[Hyperledger]] project and its submission, co-sponsored by Intel, was accepted in April 2017.

== External links ==
* [https://www.monax.io/ Monax Official webpage]
* [https://twitter.com/monax @Monax on Twitter]
* [https://github.com/monax Monax GitHub repository]
* [https://github.com/hyperledger/burrow Hyperledger Burrow GitHub repository]
* [https://www.hyperledger.org/projects Hyperledger Projects Homepage]

==See also==
* [[Ethereum Classic]]
* [[Digital Asset Holdings]]
* [[Blockchain Projects List]]
* [[Centra Tech]]
* [[BitMarket.pl]]

== References ==
<references />
[[Category:Established in 2014]]
[[Category:Blockchain company]]

Monax - Revision history

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