ibusinesslines.com
ibusinesslines.com May 21, 2018


Indian partners win AWS '2018 APN Excellence Awards'

17 May 2018, 01:20 | Kelvin Horton

Verizon is deepening its cloud relationship with Amazon Web Services

Verizon is deepening its cloud relationship with Amazon Web Services

According to Ethereum's founder, Joseph Lubin, Amazon has been actively searching for partners to help get blockchain into their customer's hands, with the hopes that the decision will even further accelerate what customers are going to do with it.

Enterprises have business needs driven by security, compliance, ownership, privacy, and scalability requirements, which can bring additional complexity to their blockchain projects.

The aim of Kaleido is to make it easier for enterprises to implement the blockchain technology by conquering the complexities of blockchain.

ConsenSys is an AWS Partner Network (APN) Advanced Technology Partner that is enabling consortiums-that is, associations of two or more companies-to launch and operate enterprise blockchain networks on Amazon Web Services (AWS) without spending months and millions of dollars writing custom code. By offering a full solution way beyond do-it-yourself scripts or templates, Kaleido significantly speeds up development and deployment cycles and dramatically lowers operating costs.

Kaleido is the first platform that allows you to anchor your chain to the mainnet and indelibly store your state on the public blockchain. These networks offer all of the benefits of the underlying blockchain technology, while still maintaining the necessary levels of robustness, security, and performance. For example, a live blockchain network requires a shared IT infrastructure across all involved parties, which has proven to be hard and costly.


The move will let companies uninitiated in the cryptoverse quickly embrace the space's keystone tech, blockchain, with as little friction as possible.

Kaleido streamlines the process of standing up secure, permissioned blockchain networks without sacrificing the ability to customize the environment. "Anchoring can occur automatically at regular checkpoints to provide greater "proof of settlement finality" over all transactions, as well as on demand for specific events such as a high value trade", Cerveny explained.

"AWS's innovative technologies have been very beneficial as we have grown our public cloud footprint over the years, and that is why we've chosen to expand our strategic relationship", Atte Lahtiranta, Oath's CTO, said in a statement at the time. "This will be the first Blockchain powered solution on the AWS market and is created to help customers rapidly advance projects on Blockchain".

Ethereum co-founder Joseph Lubin, who's also the founder of ConsenSys, introduced Kaleido during Blockchain Week in NY on May 15, 2018.

"The Enterprise Ethereum Alliance is a large and vibrant community", said Ron Resnick, Executive Director, Enterprise Ethereum Alliance. Verizon is migrating over 1,000 business-critical applications and database backend systems to AWS, several of which also include the migration of proprietary production databases to Amazon Aurora, AWS's relational database engine.



Other News

Trending Now

Britain's Yates adds to Giro lead in stage 10
Wednesday's stage 11 will be another lumpy one, covering 156km and three categorised climbs between Assisi and Osimo. I'm not very good in a sprint from a slow speed so I launched and I increased my speed as much as I could".

Standalone 'Star Wars' film about Lando Calrissian in the works
Right now, Donald Glover is absolutely on fire and he's being singled out as the best thing about Solo . Even Premiere and ComicBook both note the long-gestating chatter around an Obi-Wan film.

Disrupted body clock may cause mood disorders, depression
A lower circadian amplitude denotes less distinction, in terms of activity levels, between active and rest periods of the day. The brain's internal time-keeping system anticipates environmental changes and adapts itself to the appropriate time of day.

Michigan State University Pays $500M To Larry Nassar's Victims
But his accusers also said he molested them at a gymnastics-training ranch in Texas and at national and global competitions. We recognize the need for change on our campus and in our community around sexual assault awareness and prevention.

Republican senator says EPA chief must slow refinery waivers or resign
Trump has remained publicly supportive of Pruitt, despite the consistent flood of scandals plaguing Pruitt and his department. He briskly made his way out to a waiting black SUV with tinted windows before driving away.

Netflix to allocate 85% of new spending on original TV shows
If you like Netflix original programming, you'll have a lot of new shows and movies to watch between now and the end of the year. Such plans for content are partly why Netflix said it would raise another $1.5 billion in debt.

Greg Byrne talks Texas series, golf game
Texas (898/2nd NCAA) and Alabama (891/5th NCAA) have combined to play 248 years of football and post 1,789 all-time victories. The two schools have only met three times on their traditional home fields - the last coming in 1922.