ConsenSys, a very important player in the cryptocurrency and blockchain world, signed a partnership with Amazon Web Services (AWS) to launch a blockchain network. The main intention of this partnership is to improve the situation with Kaleido, blockchain platform that simplifies the use of distributed ledger technology for corporations.

ConsenSys Signs Partnership with Amazon

This is not the first time that Amazon is working with distributed ledger technology. Some time ago, the company launched Blockchain Templates, so as to effectively compete with IBM, Microsoft and Oracle.

ConsenSys will be able to be promoted via trusted ASW Marketplace and Kaleido will receive some important and promising new features. The platform will also be connected to other ASW services, like Amazon EMR, or Amazon Virtual Private Cloud.

Joseph Lubin, founder of ConsenSys and co-founder of Ethereum said:

“You can launch @Kaleido_io on @awscloud right now. It is finally easy for customers to deploy enterprise #Blockchain products.” 

Kaleido simplifies the process of standing up blockchain networks by providing opportunities to customize the environment.

Enterprise Lead at ConsenSys and Founder of Kaleido, Steve Ceverny said:

“Customers are running into a common set of problems and pitfalls as they invest significant time and money in their blockchain projects. So, we assembled a team to build a platform that pulls together – in a simple, cohesive, and unified way – the right experiences and tools. 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.”

Kaleido is the first Software as a Service (SaaS) featuring Enterprise Ethereum. The supported Ethereum packages are two, Geth and Quorum, which are platforms used by financial institutions. Kaleido is also able to handle integrated analytics.

Kaliedo is ready to help enterprises adopting blockchain technology. It provides solutions that would be able to accelerate the adoption of distributed ledger technology. Additionally, it uses a great technological background and focuses it on enterprises.

Image Provided by IB Times UK