Thursday, 24 May, 2018


AWS partners with ConsenSys to drive seamless adoption of blockchain among enterprises

ConsenSys’ Kaleido to Vend Blockchain to Amazon Web Services Clients ConsenSys’ Kaleido to Vend Blockchain to Amazon Web Services Clients by William Peaster
Conrad Doyle | 16 May, 2018, 17:48

"This is a heavy duty, full stack way of getting the company into blockchain solutions", he continued. Because of this, the promise of blockchain technology for many is still out of reach due to the lack of readily available solutions in the market.

Joseph Lubin, founder of ConsenSys and the ethereum blockchain platform, said this is "the biggest move yet by the tech giant to get into blockchain". These barriers include a labyrinth of consensus mechanisms, plus a bevy of governance models and coding languages to contend with, not to mention the technical jargon that's unique to the world of blockchains and cryptocurrencies.

The aim of Kaleido is to make it easier for enterprises to implement the blockchain technology by conquering the complexities of blockchain. By helping businesses harness the power of Ethereum, an open-source blockchain-based protocol, ConsenSys empowers organizations to take advantage of the many ways blockchain technology can meet their unique needs.

"We knew we needed to design a platform from the business problems down, since that is where the enduring problems are that companies face in the blockchain space".

Meanwhile, Kaleido is the first enterprise blockchain platform to utilize one of the most reliable smart contract platform in the blockchain industry today. These networks offer all of the benefits of the underlying blockchain technology, while still maintaining the necessary levels of robustness, security, and performance, it explained. "By permanently anchoring the private chain to the public blockchain through the Kaleido Relay, a network of companies can further reduce risk of after-the-fact collusion going unnoticed". It also plans to continue supporting major enterprise-grade blockchain platforms like Hyperledger's Sawtooth and R3's Corda platforms.

It also said that Kaleido's platform, which will run on AWS, can let customers connect across the cloud company's services, reducing the cost of projects that otherwise need complex integrations.

Kaleido is a blockchain business cloud, and enterprise is in its DNA.

ConsenSys said that Kaleido streamlines the process of setting up secure, permissioned blockchain networks without sacrificing the ability to customise the environment.

"They've been looking for partners to help get blockchain into their customers hands", Cerveny said, adding that "They're putting it in the marketplace will accelerate what their customers are going to do with it". But Kaleido is a blockchain business cloud, and enterprise is in its DNA.

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