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Amazon Launches Cloud Blockchain Partnership with Eteleum Studio ConsenSys & # 39; Kaleido

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Amazon has partnered with the ConsenSys storage channel incubator to enable its customers to build and to manage their own blockchain platforms in a Use the ConsenSys cloud platform called Ethereum Kaleido.

The move is part of an effort to make blockchain, the technology behind bitcoin, more accessible to customers of Amazon Web Services, the cloud computing arm of Amazon. com.

"Kaleido's presentation to AWS customers will help customers go faster and not worry about managing the blockchain themselves," Amazon Web Services said in a statement.

Blockchain for Business 101

Kaleido co-founder Steve Cerveny said that the cloud business blockchain will allow Amazon Web Services customers to launch and operate blockchain networks without spending millions of dollars to write news. custom code.

"They do not have to become PhDs in cryptography," Cerveny told CNBC. "We give them a simple platform to build their business on blockchain."

Joseph Lubin, co-founder of Ethereum, who is also the founder of ConsenSys, introduced Kaleido at Blockchain Week in New York City on May 15, 2018.

Lubin said that Amazon's collaboration with Kaleido marks a turning point for Ethereum and for blockchain technology. "It's a robust and comprehensive way to get the company into blockchain solutions," he said.

Lubin says the blockchain can help Amazon streamline its business operations, especially with supply chain management.

"We have been on a mission to accelerate the adoption of Ethereum and all the benefits that decentralization can bring," said Mr. Lubin. "We believe that Kaleido will become a de facto standard and a global blockchain platform for businesses."

Facebook, JPMorgan, HSBC Explore the Blockchain

Amazon joins an increasingly important group of corporate behemoths that are exploring blockchain use cases to improve their business. Others include IBM, Accenture, JP Morgan and HSBC, as CCN reported.

Facebook recently assembled a team focused exclusively on the development of blockchain, including:

  • David Marcus, former chairman of PayPal and former vice president of the Facebook Messenger unit.
  • James Everingham, former vice president of engineering at Instagram.
  • Kevin Weil, former vice president of product at Instagram.

Similarly, Samsung, the world's largest semiconductor and smartphone maker, quietly expressed confidence in blockchain when it revealed that it was considering using a blockchain system to track its global shipments, which could reduce its shipping costs. 20%.

<img class="size-full wp-image-137120" data-size="800×412" src="https://businessdigit.com/wp-content/uploads/2018/05/amazon-launches-cloud-blockchain-partnership-with-eteleum-studio-consensys-39-kaleido.jpg" alt=" Josef Lubin "width =" 800 "height =" 412 "/>

Lubin stated that Consensys currently oversees more than 50 blockchain projects, and has experienced an exponential peak of interest from multinational corporations.

"Three years ago, we received calls from companies who were trying to spell out a blockchain and were trying to order one in color because their boss had told them that they were not going to be able to do it. they should get a blockchain, "laughed Lubin. "At this point, there are tens of thousands of companies around the world that have a real sophistication about it."

Image from Shutterstock .
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