Amazon Announces New Blockchain Partnership

16 May, 2018, 17:07 | Author: Regina Silva
  • Kaleido Amazon Seals New Blockchain Partnership

Kaleido is a start-up from ConsenSys that is meant to be "a new Blockchain Business Cloud aimed at speeding and simplifying enterprises' journey to using the technology", which will allow groups of businesses "to launch and operate enterprise blockchain networks on Amazon Web Services (AWS) without spending months and millions of dollars writing custom code".

Rising Star Partner: Minfy Technologies Private Limited Source has won the award for enabling multiple SAP implementations for customers, growing field resources by 400 percent, ramping up their services on the cloud, and developing their AWS business.

AWS, the cloud-computing subsidiary of tech and retail powerhouse Amazon, has reached an agreement with ConsenSys-backed Kaleido to provide their customers with Kaleido's streamlined blockchain SaaS platform.

Meanwhile, Kaleido is the first enterprise blockchain platform to utilize one of the most reliable smart contract platform in the blockchain industry today.

"This is a heavy duty, full stack way of getting the company into blockchain solutions", he continued.

"Customers are running into a common set of problems and pitfalls as they invest significant time and money in their blockchain projects", says Steve Cerveny, Enterprise Lead at ConsenSys and Founder of the Kaleido Blockchain Business Cloud platform.

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ConsenSys said that Kaleido streamlines the process of setting up secure, permissioned blockchain networks without sacrificing the ability to customise the environment. These private networks offer all the benefits of the underlying blockchain technology, while maintaining the necessary levels of security and performance.

"Public and private blockchains have been evolving largely independently for the last couple years".

Hyperledger and R3 are examples of private blockchain solutions. By doing this, any chance of counterparty disputes about membership is eliminated, he said. "What Salesforce did for CRMs, Kaleido will do for blockchain".

For ConsenSys, the goal is simple: build a decentralized world by conquering the complexities of blockchain for enterprises and driving seamless adoption.

Matt Yanchyshyn, the global technical lead for AWS' partner program, told CoinDesk: "We have been following ethereum closely as it's what many of our customers have been exploring, especially for enterprise use cases". Unlike many online publications, we don't have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.

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