Amazon's AWS jumps into blockchain fray with new partner

AWS partners with Consen Sys to drive seamless adoption of blockchain among enterprises

Low cost airline Ryanair is looking to shut down "the vast majority" of its data centres over the next three years as it goes "all in" on the Amazon Web Services (AWS) cloud. "[Kaleido's] a new Blockchain Business Cloud aimed at speeding and simplifying enterprises' journey to using the technology".

Regarding this new partnership, and set of tools, Amazon's statement said "Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves".

Amazon has partnered with blockchain incubator ConsenSys to enable its customers to build and manage their own blockchain platforms in an easy-to-use manner with ConsenSys' Ethereum-based cloud platform called Kaleido. By offering a full solution way beyond do-it-yourself scripts or templates, Kaleido significantly speeds up development and deployment cycles and dramatically lowers operating costs. For example, a live blockchain network requires a shared IT infrastructure across all involved parties, which has proven to be hard and costly.

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ConsenSys said that Kaleido streamlines the process of setting up secure, permissioned blockchain networks without sacrificing the ability to customise the environment.

It will have the capabilities to link between private networks and public Ethereum mainnet, integrated analytics, support for a variety of protocols, and consensus mechanisms including RAFT, POA and IBFT. These networks offer all of the benefits of the underlying blockchain technology, while still maintaining the necessary levels of robustness, security, and performance, it explained. "By permanently anchoring the private chain to the public blockchain through the Kaleido Relay, a network of companies can further reduce risk of after-the-fact collusion going unnoticed".

The Kaleido blockchain cloud was piloted in a bank in the Philippines. The anchoring will happen automatically at regular checkpoints, so that enterprises get better proof of confirmation over all the transactions.

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AWS is utilizing a partner-led strategy instead of structure from the ground up. "This will be the first Blockchain powered solution on the AWS market and is created to help customers rapidly advance projects on Blockchain".

Big companies like Microsoft are seeing opportunities in blockchain technology lately. He said it can also help connecting enterprises' private blockchains to the ethereum network.

Joseph Lubin, Ethereum co-founder and ConsenSys founder, said, "Since the inception of ConsenSys in 2014, we have been on a mission to accelerate the adoption of Ethereum ..." Verizon is migrating over 1,000 business-critical applications and database backend systems to AWS, several of which also include the migration of production databases to Amazon Aurora-AWS's relational database engine that combines the speed and availability of high-end commercial databases with the simplicity and cost-effectiveness of open source databases.

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