Amazon Web Services takes its first foray into blockchain

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Amazon Web Services takes its first foray into blockchain

A partnership Amazon Web Services has forged to deliver easily deployable blockchain networks will allow solution providers to take a deeper dive into the bleeding-edge technology with the potential of transforming everything from supply chains to multi-national financial transactions.

The cloud leader said on Tuesday it's taking its first foray into supporting blockchain through a partnership with Kaleido, a startup just spun out of a blockchain incubator that's already offering a cloud app on the AWS Marketplace.

Enterprise customers can immediately provision the Kaleido Blockchain Business Cloud platform from the online marketplace to start deploying distributed databases, called ledgers in blockchain terminology.

Kaleido was born in ConsenSys, an AWS technology partner that incubates businesses implementing the open source Ethereum protocol for creating blockchain networks.

Blockchain, introduced to the world through the Bitcoin cryptocurrency, is currently being explored for a range of enterprise use cases because of its potential to speed implementation of secure and transparent transactions at global scale.

But the technology's complex peer-to-peer distributed networks and cryptography poses a challenge to potential customers, said Ale Flores, AWS global segment lead for blockchain, in an AWS blog.

"The promise of blockchain technology for many is still out of reach due to the lack of readily available solutions in the market," he said.

To ease adoption, the Kaleido Blockchain Business Cloud platform comes as a SaaS solution.

Delivering blockchain as SaaS "radically changes the project economics and success rates for customers," Flores said.

"Kaleido takes the prerequisite of deep blockchain knowledge out of the hands of users. This happens while distributing ownership and control of the network among the member organisations according to defined and agreed upon governing policies that are automatically enforced," Flores said.

AWS channel chief Terry Wise said at the cloud provider's re:Invent conference last November that Amazon would introduce a partner competency in the AWS Partner Network around Blockchain.

This article originally appeared at crn.com

Copyright © 2018 The Channel Company, LLC. All rights reserved.
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