A new partnership has been unveiled between Cloud computing firm, Amazon, and block-chain software technology firm, Consensys. This partnership aims to radically simplify the creation and operation of private block-chain networks through a new service known as Kaleido.
Kaleido is going to be a hit with AWS customers since they will not have to worry about managing block-chains themselves anymore. This move is great for AWS (Amazon web services) a subsidiary of Amazon that specializes in offering paid subscription services for cloud computing platforms; since they had been working on getting block chain into their customer’s hands for a long time. This partnership accelerates that process without AWS having to start from scratch.
Matt Yanchyshyn the AWS global technical lead confessed that his company had been following Ethereum for a long time but however stressed that AWS was protocol agnostic and was capable of supporting Sawtooth by Hyperledger as well as Corda platforms from R3’S. He also affirmed that working with Consensys would help boost their understanding of customer needs and accelerate their block-chain efforts.
Earlier attempts had been made by Consensys to offer Ethereum in the cloud through the Azure platform from Microsoft, but the most recent partnership with AWS aims to take the concept a notch higher. The partnership between AWS and Consensys will not only help solve the complexities of advanced cryptography and consensus algorithms but will also help bring the goal of many block-chain professionals which is the ability to connect private block chains to the Ethereum main-net, a reality.
Kaleido allows users to move between numerous consensus algorithms and choose between two packages namely Geth, and Quorum, of JPMorgan Chase. This comes as a relief to Quorum users who find that Kaleido goes a long way in managing their IT issues and enables seamless transactions across private chains.
The newly announced partnership between AWS and Consensys will accelerate and simplify the creation of private block-chain networks through a new service known as Kaleido. AWS have lauded the move as a step in the right direction towards helping them understand their customer needs. Kaleido will also provide for the use of Quorum which will help improve and simplify transactions across private chains.