Amazon serves up a simplified Ethereum blockchain platform on its cloud

  • Amazon serves up a simplified Ethereum blockchain platform on its cloud

Amazon serves up a simplified Ethereum blockchain platform on its cloud

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".

"Companies are eager to capture the potential of blockchain but to date have struggled to move experimental projects forward into live production networks", ConsenSys explained in their announcement release.

Amazon Web Services continued its pretty rapid rise, raking in revenue of $5.4 billion in Q1 of 2018, and they obviously believe pioneering blockchain services in this way will help it grow further.

Big companies like Microsoft are seeing opportunities in blockchain technology lately.

Announced at the ConsenSys blockchain conference in NY on Tuesday, the tech giant's cloud computing arm is partnering with a startup called Kaleido, which was born out of ConsenSys.

The result is that blockchain is more accessible and easier for customers to use, and even faster for them to connect blockchain solutions to AWS services securely. "This will be the first Blockchain powered solution on the AWS market and is created to help customers rapidly advance projects on Blockchain".

What is Ethereum ? DApps

John Hurley, Ryanair's CTO, said: "Machine learning is hugely important to our growth, and we're pursuing a variety of AWS machine learning services, including Amazon SageMaker, to enhance customer UI experience and personalise the MyRyanair portal for every unique traveller". (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Verizon Communications (NYSE: VZ) has selected AWS as its preferred public cloud provider. "Additional first-of-a-kind capabilities include linking between private networks and the public Ethereum main net, integrated analytics, and support for multiple protocol options and consensus mechanisms", blockchain incubator ConsenSys said. "They're putting it in the marketplace will accelerate what their customers are going to do with it".

Lubin pointed that companies are deploying blockchain massively due to its impacts on their services.

"Three years ago we were getting calls from companies trying to spell blockchain and trying to order one in a colour because their boss told them they should get a blockchain".

Amazon Web Solution provides cloud computing services to individual, global companies and government on subscription basis.

"It will be the first blockchain software as a service (SaaS) and will be able to "[link] between private networks and the public Ethereum mainnet".