Blockchain is popular for various reasons – it is reliable, it allows for seamless tracking, and it makes smart contracts easier to agree to. Although there are certainly benefits to blockchain, there are disadvantages as well, one of the most significant being that very few experimental projects become live production networks through the blockchain. However, there is a chance that this may change and due to ConsenSys’s latest announcement, which is that it may be releasing a new blockchain business cloud called Kaleido.
Kaleido is a software-as-a-service that features the Ethereum packages Geth and Quorum. Better yet, the system is being offered in collaboration with Amazon Web Services (AWS). The new system is meant to feature first-of-its-kind capabilities, including the ability to link between private networks and public Ethereum, integrated analytics, and a great deal of support for multiple protocols. Those who use this service will be able to integrate real-world projects and in a seamless manner as well.
The purpose of this collaborate is to generate more integration of blockchain into businesses. The technology provides business with several useful features and it ensures that they have the tools and resources to move forward in changing industries. According to Steve Cerveny, the founder of Kaleido:
“If blockchain doesn’t become dramatically easier to use, then companies will have to walk back their investments and our society will be far too slow in realizing blockchain’s significant promise. We designed the Kaleido platform from scratch with new user experiences and tools to radically simplify the entire enterprise journey. This all-in-one Blockchain Business Cloud changes the economic equation of an enterprise blockchain project.”
Additionally, Kaleido is a bright spot for those who are interested in integrating blockchain into their business because it also provides greater levels of security, diversification, and enterprise running of private chains on the platform. Companies will also be able to reduce the risk of collusion and other common issues that may arise. Those who are interested in learning more about Kaleido and accessing it may want to visit the AWS marketplace today.