Amazon partners-up to offer easy Ethereum-based blockchain software

Amazon partners-up to offer easy Ethereum-based blockchain software

This is the biggest move by AWS owner Amazon to get into blockchain, said Ethereum co-founder Joseph Lubin, in a report by news portal CNBC.

Enterprises have business needs driven by security, compliance, ownership, privacy, and scalability requirements, which can bring additional complexity to their blockchain projects.

Regarding this new partnership, and set of tools, Amazon's statement said "Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves".

Cloud computing firm Amazon Web Services (AWS) has partnered a startup incubated by Ethereum co-founder's firm, in order to make it easier for its clients to build their companies on blockchain.

Kaleido provides a full solution for those ready for something more than do-it-yourself scripts or templates, streamlining the process of standing up secure, private blockchain networks without sacrificing the ability to customize the environment.

Kaleido uniquely integrates the greater security and diversification of the public blockchain, or Ethereum mainnet, to enterprises running private chains on the platform. For example, a live blockchain network requires a shared IT infrastructure across all involved parties, which has proven to be hard and costly. "We believe Kaleido will become a de-facto standard and a global blockchain platform for business".

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The Kaleido blockchain cloud was piloted in a bank in the Philippines. Many flavors of blockchain have evolved over the years as public and private blockchains have emerged. "This will be the first Blockchain powered solution on the AWS market and is created to help customers rapidly advance projects on Blockchain".

"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.

Blockchain projects by ConsenSys seem to be gaining traction in India as well.

Kaleido, which was launched today, May 15th, will feature "popular Ethereum packages Geth and Quorum". It lets customers connect other AWS services such as Amazon EMR for analytics, Amazon Athena for rich query, Amazon CloudWatch for logs and monitoring, Amazon Virtual Private Cloud (Amazon VPC) for private networking, storage with Amazon Simple Storage Service (Amazon S3), and more.

The creator of the Ethereum blockchain platform, which is precisely what Kaleido and AWS will be using, stated this is the most significant move yet by the tech giant to move into Blockchain. Verizon is migrating over 1,000 business-critical applications and database backend systems to AWS, several of which also include the migration of proprietary production databases to Amazon Aurora, AWS's relational database engine. Kaleido is the first platform to radically simplify and speed the use of blockchain by companies across all industries.

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