Amazon shakes hands with Kaleido to launch an enterprise-level blockchain marketplaceOctober 6, 2019
Some of you might be hearing about Kaleido for the first
time. But those who have been following enterprise-level blockchain
implementations must already be aware that it aids businesses in implementing
decentralized use cases in pretty much all niches.
Since Amazon is also taking a keen interest in blockchain
technology and is quite rapidly expanding its outreach, Kaleido has partnered
with them – for mutual benefits, of course! With the help of this partnership,
they aim to launch a marketplace where enterprises could buy different tools,
services, and protocols as per their requirements.
Indeed, it happens to be a very decent initiative, given that
several businesses are willing to adopt the blockchain technology but their
‘twisted and complicated’ use cases do not allow much automation. Well, that
issue seems to be resolving now.
If you are curious about its success or outreach in the
market, please note that this joint venture has already nested Komgo (a
commodities platform with its client base consisting of Citi, BNP Paribas,
In such a short span, the milestone achievement is going
pretty well and it was expected to happen since Amazon is a very well-known
brand across the Planet and Kaleido has a decent reputation in its niche as
Kaleido at a glance
Joe Lubin, Ethereum’s co-founder, launched an incubator in 2014, named ‘ConsenSys.’ The primary aim of this initiative is to design and develop multiple blockchain projects for varying demands of the industry and currently, Kaleido is also overseen by ConsenSys.
Cerveny, the overseer of Kaleido Marketplace, issued a
statement and said that the potential customer base is quite huge. But the real
problem is that they need more automation to set up a blockchain based
environment for different processes. In order to achieve that, Kaleido must
provide a platform where they could buy tools to enable efficient integrations.
One of the primary things to be noticed here is that this
latest marketplace allows the users to take help in development as well as
front end. Moreover, it does not only enable you to utilize the tools related
to the main blockchain network. In fact, if you want to do some configurations
on the supporting infrastructures or work with other protocols, there is a wide
variety of tools available.
Therefore, mainstream users do not have to worry about the
variance in different technologies.
It is important to realize that Amazon is not the only giant
in this exploration. There are several companies including IBM, SAP, and
Deloitte trying to roll out newer solutions for the community. However, Amazon
has partnered with Kaleido at the time of its launch and together they have
crafted several AWS integrations for Amazon’s enterprise-level blockchain
Let it be HD wallet, data backup tools or private networking.
With the help of this marketplace, customers will have easy access to pretty
much all of the Amazon Web Services related to the blockchain.
Kaleido confessed that a couple of its early adopters have
already realized that it cuts about 80% of the extensive work required to write
It does only stop here. In fact, this joint venture will also
allow different traders, developers, and resellers to list their products on
the marketplace. Moreover, Kaleido also offers consultation services to the
budding ventures looking forward to penetrating the market.
Source: Read Full Article