Recents in Beach

Amazon Teams Up With Ethereum Marketplace

Kaleido is a startup which aims to assist enterprises to implement
blockchain technology and has launched a new platform in
collaboration with Amazon Web Services (AWS). The startup’s
marketplace will provide protocols and tools for all the components of
new blockchain projects according to the founder and CEO, Steve
Cerveny who said: “from the app all way to the chain.”
The network of financial institutions on the commodities platform of
Komgo, includes ING, Koch Supply & Trading, Citi, MUFG Bank,
Societe Generale, BNP Paribas and Shell being the current client.
Kaleido is just one of over 50 blockchain projects looked over by the
blockchain technology company and incubator, ConsenSys which was
launched by the co-founder of Ethereum Joe Lubin four years ago in
2014.
The startup launched in May of this year and offered specific
support to blockchain to enterprises its Blockchain Business Cloud
platform. Cerveny sees the startup as the next evolution of this
service.

“We knew that customers struggling to adopt
blockchain needed more help than just the chain. We
knew that they needed more advanced components [that
were] easily deployed and pre-integrated.”

The marketplace is full of stack offerings which are intended to make
it easier for businesses to integrate blockchain solutions quickly by
helping manage not only the blockchain itself but the surrounding
protocols and structure. With this, businesses can focus more on
their operations and less on the complicated differences of the
underlying technology in blockchain networks.
In a statement, Komgos CEO Souleima Baddi said:
“By building on an open blockchain system, Komgo
can select from the best protocols in development
across the ecosystem and use existing building blocks
for an optimized solution.”


One partner of Kaleido is AWS which has been with them since the
launch of the platform earlier in the year. The startup worked with
Amazon’s blockchain team to develop integrate AWS in the system
so that it would work for enterprise blockchain customers. Amazon is
one of the biggest businesses looking into the industry but it
isn’t alone. IBM, HSBC, Maersk, Deloitte and SAP have all been
involved in enterprise blockchain projects.
Through the Kaleido marketplace, businesses have access to AWS
services like private networking and data backup, other common
blockchain services like HD wallets and industrial products like
Chainlink, Viant and OpenLaw.
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