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Kaleido, AWS Launch Blockchain Solutions Marketplace

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ConsenSys, Amazon Web Services Launch Blockchain Solutions Marketplace

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ConsenSys subsidiary blockchain company Kaleido has collaborated with Amazon Web Services (AWS) to launch a full-stack platform for decentralized enterprise solutions.

Dubbed Kaleido Marketplace, the companies’ press release claims the platform offers a ”whole cloud of blockchain technologies” that can save enterprises the work involved in creating a blockchain themselves, allowing them to more quickly reach live production. According to the release, early adopters claim it reduces 80% of the custom code necessary in building their projects.

The Kaleido blockchain launched in May and has already served over 1,000 clients. The marketplace is a further development of this service, offering extra applications such as AWS cloud, Chainlink for smart contract oracles, HD wallets and ID registries.

The founding companies say Kaleido Marketplace is filling a gap in the market left by a lack of skilled blockchain developers unable to meet job demands as more companies move to decentralized solutions. Kaleido Founder and Chief Operating Officer Sophia Lopez said the aim of the marketplace is to ”help radically simplify the adoption of blockchain and eliminate some of the specialized blockchain expertise needed”, adding ”[it] is a one stop shop for all things enterprise blockchain”.

A Kaleido Marketplace user, commodity trader and finance network Komgo, says the platform allows it to find the ”optimized solution” by building on existing blockchains in the ecosystem. CEO Souleïma Baddi also complimented the platform’s high speed, high volume results.

Kaleido originated as a product of Ethereum co-founder Joseph Lubin’s blockchain incubator ConsenSys and is also built on the Ethereum network. In May, Lubin described Amazon’s move into blockchain as “heavy duty“, and that it would do them well to integrate the technology into other areas of its business, such as the supply chain.

 

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