Amazon Partnering With a Startup To Bring Blockchain To Its Clients

Amazon Partnering With a Startup To Bring Blockchain To Its Clients

Facebook is not the only tech titan that is looking into the blockchain and cryptos. Amazon, and its cloud computing arm, in particular, is considering the possibility of making the use of blockchain its customers simpler. For that, the e-commerce giant is collaborating with a niche startup.

Amazon Moving into Blockchain too

On Tuesday, May 15, one of the most popular worldwide online trading companies announced its plans to collaborate with the startup Kaleido to leverage the experience of its users when dealing with the blockchain.

The Amazon’s cloud computing flank will deal with that to provide its Amazon Web Services (AWS) clients with what they call an “easy button” to get into the same tech that is the fundament of cryptos, CNBC reports. The company's partnership with Kaleido is impressive as the last one was born out of the DLT incubator Consensys.

Steve Cerveny, one of the Kaleido’s constitutors, commented on the issue:

"They can focus on their scenario, and they don't have to become PhDs is cryptography, we give them a simple platform to build their company on blockchain."

As it is known, this technology helps register any type of operations on a distributed ledger, making the involvement of the third party unnecessary. The blockchain is also famous for being much faster and securer than other types of information recorders.

Solution To Be Available On the AWS Marketplace

In a statement, the AWS said:

"Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves. It is the first Blockchain SaaS solution available on the AWS Marketplace and will help them rapidly advance their blockchain projects."

Cerveny, in his turn, said that AWS had been looking for associates to assist them in bringing blockchain to customers.

It is worth noting that AWS is a branch of Amazon that provides its clients with a paid subscription for cloud computing platforms. The Amazon’s arm comes to a partner-led strategy rather than arranging from the ground up.

Ethereum Involved

The Amazon’s cloud computing arm, as well as Kaleido, is expected to use the Ethereum blockchain platform. The Ethereum’s constitutor Joseph Lubin called the Amazon’s decision the greatest move of the tech giant made towards the blockchain so far.

"This is a heavy duty, full stack way of getting the company into blockchain solutions," said he.

It is curious as Amazon is not the first tech giant weighing in the world of the blockchain. Previously, Facebook and Microsoft started examining the DLT tech trend.

Canada Reports Blockchain To Be Amongst Its Highest Paying Industries
A report recently published by the Canadian Digital Chamber of Commerce proves that the money involved in the blockchain industry of the nation is at...
KodakONE Blockchain Beta Test Generated $1 mln in Content Licensing Claims
More than $1 million — this how much in licensing claims KodakONE, a dev of DLT-based image rights platform, has generated. Certified by the American...
UNICEF Funds Six DLT Startups to Solve Global Issues
UNICEF is both crypto- and blockchain friendly. A few months ago the French leg of UNICEF said it was accepting donations in nine types of...
Facebook Has Opened 5 Blockchain-Related Vacancies
More than half a year ago social media titan Facebook set up a blockchain group to explore how to employ this technology to the maximum advantage of...
Seven Southern European Countries Agreed to Promote Blockchain
Seven countries of Southern Europe signed a declaration in which they commit themselves to promote blockchain. These countries are Cyprus, France...
Amazon Embraces Blockchain Despite The Dip on Crypto-Market
Even as crypto-market plunged from nearly $830 billion in January to $121.5 billion this week, the leading e-commerce company sees an opportunity in...
Microsoft Releases Dev Kit to Connect Users to Blockchain
The American technological titan Microsoft has finally introduced its development kit dubbed Azure. Azure functions without a server and is powered...
JPMorgan: Investors Should Keep an Eye on These DLT-Friendly Companies
If you are an investor, it might still be challenging for you to get exposed to DLT, unless, for sure, you are purchasing bitcoin. To ease the life...
Blockchain Engineers Make As Much As AI Specialists
Engineers working in the blockchain domain are as demanded as those who work on artificial intelligence. Such a conclusion can be made from the...
Blockchain Market Could Be $7 bln and Boost Amazon, Microsoft, BofA Says
Novel estimates from one of the most influential investment banks in the world — Bank of America — showcase unalterable ledger spread will be of use...