Telefónica gets intimate with Amazon Web Services

Telefónica gets intimate with Amazon Web Services

"The introduction of Kaleido to AWS clients will help them move fast and forget about managing the Blockchain themselves".

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

The aim of Kaleido is to make it easier for enterprises to implement the blockchain technology by conquering the complexities of blockchain.

Following a week filled with bullish news, we have one more you shouldn't miss: tech giant Amazon has made a decision to partner up with a start-up named Kaleido, with the goal of making it easier for customers to transfer their services on the blockchain. By offering a full solution way beyond do-it-yourself scripts or templates, Kaleido significantly speeds up development and deployment cycles and dramatically lowers operating costs. "We believe Kaleido will become a de-facto standard and a global blockchain platform for business, providing an underlying foundation that until today was missing from the enterprise toolkit". "Additional first-of-a-kind capabilities include linking between private networks and the public Ethereum main net, integrated analytics, and support for multiple protocol options and consensus mechanisms", blockchain incubator ConsenSys said.

Kaleido operates by integrating the greater security and diversification of the public blockchain, or Ethereum main net, with private chains.

Kaleido streamlines the process of standing up secure, permissioned blockchain networks without sacrificing the ability to customize the environment.

Enterprises can anchor their chain to mainnet and store the state on public blockchain.

The move will let companies uninitiated in the cryptoverse quickly embrace the space's keystone tech, blockchain, with as little friction as possible. The anchoring will happen automatically at regular checkpoints, so that enterprises get better proof of confirmation over all the transactions.

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

The AWS Partner Network (APN) is a global partner programme, focused on helping thousands of partners build successful businesses or solutions on AWS Cloud. "In partnership with ConsenSys and running on the Kaleido platform, we successfully accelerated Project i2i into active pilot without the complexity and cost of starting from scratch". "Kaleido is the first software-as-a-service firm to feature popular Ethereum packages Geth and Quorum".

Kaleido will run on AWS and will enable users to seamlessly connect to other AWS services like Amazon Athena, Amazon Virtual Private Cloud, Amazon S3, Amazon EMR, and more.

"Since the inception of ConsenSys in 2014, we have been on a mission to accelerate the adoption of Ethereum and all the benefits that decentralization can bring to business and societies around the world", says Joseph Lubin, co-founder of Ethereum and founder of ConsenSys.