Categories: ConsensysNews

ConsenSys Collaborates with Amazon to launch Ethereum Marketplace for Enterprises

ConsenSys‘ subsidiary, Kaleido in partnership with Amazon Web Services is set to launch its Ethereum marketplace of plug-and-play services that help enterprises implement blockchain solutions.

According to the press release, the Kaleido Marketplace with its full-stack of tools eliminates the need for 80 percent of the custom code, thereby accelerating blockchain projects from proofs-of-concept to live production networks.

Launched in May 2018, Kaleido has helped organizations create over 1,000 blockchain networks with its Blockchain Business Cloud platform. Sophia Lopez, the chief operations officer, and co-founder claims.

“We’ve seen successful patterns of deployment as enterprise networks go into production and we’ve baked these best practices into the Kaleido Marketplace services, to help radically simplify the adoption of blockchain and eliminate some of the specialized blockchain expertise needed.”

Steve Cerveny, the CEO of Kaleido, said that the Kaleido Marketplace is a “one stop shop for all things enterprise blockchain,” and went on to add:

“The reality is only about ten percent of an enterprise blockchain project is the blockchain itself. There are many other application, data, and infrastructure components required to go into production. I’m very excited that we have a whole cloud of blockchain technologies pre-integrated for our clients to use.”

Blockmanity’s Take

Consensys recently made the news for collaborating with 15 of the largest financial institutions including ING, Citigroup and MUFG Bank, to create an Ethereum-based platform called Komgo. Kaleido being a part of Consensys’ incubator will help grow the Ethereum blockchain to new heights.


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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Rishabh

Rishabh Bose is a partner & news writer at Blockmanity. He is a productivity engine and has been a cryptocurrency & blockchain consultant since early 2018.

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