Thursday, 19 July, 2018

Amazon's AWS jumps into blockchain fray with new partner

Amazon Replicates Facebook, Microsoft, Partners Startup Built on Ethereum (ETH) Blockchain Amazon Opening Its Door to Blockchain After Signing New Partnership
Orlando Vargas | 17 May, 2018, 01:20

The diverse nature of the "2018 APN Excellence Awards" winners reflected the opportunity provided for partners who helped customers remove the friction of managing IT infrastructure and set the platform for innovation, said Amitabh Jacob, Head of India Channels and Alliances at AISPL.

Kaleido would enable its users to deal with those issues, Michael Dickson, the enterprise blockchain business development lead at ConsenSys, told CoinDesk.

The result is that blockchain is more accessible and easier for customers to use, and even faster for them to connect blockchain solutions to AWS services securely.

Amazon Web Services has announced a new collaboration with Ethereum development studio ConsenSys which will result in the launch of Kaleido, a blockchain business cloud created to streamline and simplify the creation, deployment, and operation of private blockchain networks for enterprise organizations. These networks offer all of the benefits of the underlying blockchain technology, while still maintaining the necessary levels of robustness, security, and performance.

It will have the capabilities to link between private networks and public Ethereum mainnet, integrated analytics, support for a variety of protocols, and consensus mechanisms including RAFT, POA and IBFT.

However, the fundamental aspects of blockchain that make it unique-such as its peer-to-peer distributed network architecture and heavy use of cryptography-constitute a steep learning curve for organizations that want to use the technology to change how they conduct business processes. Anchoring can occur automatically at regular checkpoints to provide greater proof of confirmation over all transactions, as well as on demand for specific events such as a high-value trade.

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

"We are thrilled to see innovative new services being built by ConsenSys within this emerging space", said Joshua Hofmann, GM, and Global Lead, Software Partnerships, Amazon Web Services, Inc.

Kaleido, which was launched today, May 15th, will feature "popular Ethereum packages Geth and Quorum". He said it can also help connecting enterprises' private blockchains to the ethereum network.

Blockchain projects by ConsenSys seem to be gaining traction in India as well. "This will be the first Blockchain powered solution on the AWS market and is created to help customers rapidly advance projects on Blockchain".

Joseph Lubin, Ethereum co-founder and ConsenSys founder, said, "Since the inception of ConsenSys in 2014, we have been on a mission to accelerate the adoption of Ethereum ..."

After Facebook announced its intention last week to go into blockchain technology, Amazon has also opened up that it is partnering with Kaleido, a start-up built on Ethereum blockchain.

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