Amazon Opening Its Door to Blockchain After Signing New Partnership

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Kaleido takes the prerequisite of deep blockchain knowledge out of the hands of users.

The Tuesday announcement indicated that the technology company will collaborate with Kaleido, an offshoot of a respected blockchain incubator, Consensys.

Telefónica Business Solutions has got into a strategic collaboration with Amazon Web Services in order to offer more cloudy stuff to its customers.

"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".

The best-known blockchain is the one that underpins the bitcoin cryptocurrency, while Ethereum is another kind of blockchain that enables software developers to build and deploy decentralized applications that run exactly as programmed without any chance of fraud, censorship or outside interference.

The partnership has resulted in ConsenSys and AWS launching Kaleido, a new blockchain business cloud platform that it aimed at simplifying enterprises usage and implementation of blockchain.

They can focus on their scenario and they don't have to become PhDs is cryptography, we give them a simple platform to build their company on blockchain. "It is the first Blockchain SaaS solution available on the AWS Marketplace and will help them rapidly advance their blockchain projects".

Resumes stacking up for much-coveted NY Attorney General job
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Innovation Partner: Freshworks Private Limited has won the award for the innovative use of AWS services to create advanced solutions for their customers, such as FreshCaller which integrates with Amazon Connect, a contact center as a service (CCaS) solution.

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Amazon joins a host of tech giants including Facebook and Microsoft to explore use cases for Blockchain.

While Amazon has not yet made any movements that hint toward an Amazon-only blockchain solution, the massive presence of the company within sectors that are now being heavily disrupted by the blockchain - such as supply chain - make it highly likely that the tech juggernaut will adopt blockchain technology wholesale in the future.

The founder of Ethereum, which is the network Kaleido and AWS use, Joseph Lubin, said this will be the most significant move by the tech giant relating to Blockchain technology.

Amazon Web Solution provides cloud computing services to individual, worldwide companies and government on subscription basis.

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