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Kaleido, a subsidiary of ConsenSys, is launching a plug-and-play service market to help proof-of-concept blockchain projects to live production networks.
The company, which announced the product at the Lisbon Web Summit, is working with Amazon Web Services to provide the corporate blockchain platform.
Kaleido of ConsenSys launches the market for Plug-and-Play business blockchain solutions
According to the company, the first Kaleido market users have eliminated 80% of the custom code required to build their blockchain project, saving time and energy to focus on what will come next.
The full-stack platform includes plug-and-play tools from Kaleido, Amazon Web Services and third-party developers. A survey conducted by PwC in August 2018 found that 84% of executives said their companies were "actively involved" in distributed accounting technology.
However, due to the lack of skills and talent across the industry, companies struggle to complete their blockchain solutions to make them work. The marketplace includes native AWS integrations, HD portfolios for privacy logs, and IDs for organizational identity.
The platform also offers blockchain tools and services for smart contract oracles, supply chain management and legal contracts in real time. Kaleido's Blockchain Business Cloud has helped companies create more than a thousand blockchain networks, says Sophia Lopez, chief operations officer and co-founder.
"We have seen successful implementation models such as corporate networks come into production and have transformed these best practices into Kaleido Marketplace services, to radically simplify blockchain adoption and eliminate some of the specialized blockchain skills needed."
Steve Cerveny, co-founder and CEO of Kaleido, explained that there is much more in a corporate blockchain project than the distributed ledger. The platform, created in collaboration with Amazon Web Services and ConsenSys, aims to help companies adopt blockchain in their operations.
"The reality is only about 10 percent of a business blockchain project is the blockchain itself.There are many other applications, data and components of the infrastructure needed to go into production.I am very happy to have an entire cloud of blockchain technologies. pre-integrated to use for our customers The Kaleido Marketplace is a one-stop shop for everything that is business blockchain. "
The announcement, presented at the Lisbon Web Summit, shows how ConsenSys is at the forefront of corporate blockchain solutions.
The company has recently published news for the partnership with ING Bank, Citigroup, MUFG Bank, Societe Generale, BNP Paribas, Credit Agricole, Koch Supply & Trading and Shell, to create an Etherum-based platform through a new company called Komgo. Souleïma Baddi, its CEO, said that the company uses the market to select the best protocols in development and use the existing building blocks for an optimized solution.
Related reading: Price analysis of Ethereum: regulation is important for Joseph Lubin, CEO of ConsenSys
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