Amazon Partners With Ethereum Development Studio to Streamline Enterprise Blockchain Deployment

Amazon Web Services has announced a new collaboration with Ethereum development studio ConsenSys which will result in the launch of Kaleido, a blockchain business cloud designed to streamline and simplify the creation, deployment, and operation of private blockchain networks for enterprise organizations.

The new blockchain service was announced at the recent Consensus 2018 Conference in New York and will see the two organizations work together to assist companies in capturing the potential of blockchain technology.

Amazon recently announced the launch of instant blockchain templates for both Ethereum and Hyperledger, but the Kaleido solution is the first Software-as-a-Service that delivered via AWS that will feature popular Ethereum packages Geth and Quorum.

The new blockchain development solution has been created by Amazon and ConsenSys in order to remove some of the barriers to entry that face enterprise organizations seeking to create and implement distributed ledger based solutions - according to Gartner's 2018 CIO Survey, only 1% of all respondents indicated any kind of blockchain adoption within their organizations.

This low rate of adoption is associated with the cost and complexity of blockchain technology development and interoperability.

"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. 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. What Salesforce did for CRMs, Kaleido will do for blockchain."

What Can Kaliedo Do? The Kaleido solution allows enterprise organizations to create customizable, secure, permissioned blockchain networks that deliver full blockchain functionality without costly and complex development cycles.

Networks created via Kaliedo can be "Anchored" to the public Ethereum blockchain in order to reduce the risk of after-the-fact collusion and deliver greater "Proof of settlement finality."

While Amazon has not yet made any movements that hint toward an Amazon-only blockchain solution, the massive presence of the company within sectors that are currently being heavily disrupted by the blockchain - such as supply chain - make it highly likely that the tech juggernaut will adopt blockchain technology wholesale in the future.