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Amazon crypto grand gesture: Ethereum marketplace launched with ConsenSys Kaleido

  • “The Kaleido Marketplace is a one stop shop for all things enterprise blockchain,” Steve CEO.
  • The marketplace includes native AWS integrations.

The purpose of blockchain especially when it concerns business is to improve services deliver, introduce trust and decentralization of systems. Blockchain in business continues to gain traction around the world. Besides, businesses in the 21st century are ready to get onto the bandwagon of the centuries unicorn, blockchain.

A subsidiary company of ConsenSys referred to as Kaleido has announced a plan to introduce a marketplace specifically for the plug-and-play services. The main idea is to assist blockchain-based projects to transform from the proof-of-concept and embrace the live production on their business networks. Kaleido said during the recently concluded Web Summit in Lisbon they are working closely with Amazon to ensure that launch happens as soon as possible.

At the summit, Kaleido stated that its market place has already assisted 80% of its clients in cutting down the custom code process that is needed when developing a blockchain process. In return, the firms that have signed with them have greatly saved on both time and energy allowing them to focus on the future.

The marketplace will include various plug-and-play tools that have been built by Kaleido in collaboration with Amazon Web Services (AWS) and other developers working on a third party basis. Kaleido hopes to fill the lack of skills gap that hinders firms from completing their blockchain solutions. The marketplace is said to include native AWS integrations. Also included in the package is HD wallets that will ensure privacy is maintained as well as ID registries that will enable organization identity.

Sophia Lopez, chief operations officer and co-founder of the Kaleido stated that:

“We’ve seen successful patterns of deployment as enterprise networks go into production and we’ve baked these best practices into the Kaleido Marketplace services, to help radically simplify the adoption of blockchain and eliminate some of the specialized blockchain expertise needed.”

Moreover, the chief executive officer and co-founder of Kaleido, Steve Cerveny said in a comment regarding the marketplace:

“The reality is only about 10 percent of an enterprise blockchain project is the blockchain itself. There are many other application, data and infrastructure components required to go into production. I’m very excited that we have a whole cloud of blockchain technologies pre-integrated for our clients to use. The Kaleido Marketplace is a one stop shop for all things enterprise blockchain.”

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