Some of you might be hearing about Kaleido for the firsttime. But those who have been following enterprise-level blockchainimplementations must already be aware that it aids businesses in implementingdecentralized use cases in pretty much all niches.
Since Amazon is also taking a keen interest in blockchaintechnology and is quite rapidly expanding its outreach, Kaleido has partneredwith them – for mutual benefits, of course! With the help of this partnership,they aim to launch a marketplace where enterprises could buy different tools,services, and protocols as per their requirements.
Indeed, it happens to be a very decent initiative, given thatseveral businesses are willing to adopt the blockchain technology but their‘twisted and complicated’ use cases do not allow much automation. Well, thatissue seems to be resolving now.
If you are curious about its success or outreach in themarket, please note that this joint venture has already nested Komgo (acommodities platform with its client base consisting of Citi, BNP Paribas,Shell, etc.)
In such a short span, the milestone achievement is goingpretty well and it was expected to happen since Amazon is a very well-knownbrand across the Planet and Kaleido has a decent reputation in its niche aswell.
Kaleido at a glance
Joe Lubin, Ethereum’s co-founder, launched an incubator in 2014, named ‘ConsenSys.’ The primary aim of this initiative is to design and develop multiple blockchain projects for varying demands of the industry and currently, Kaleido is also overseen by ConsenSys.
Cerveny, the overseer of Kaleido Marketplace, issued astatement and said that the potential customer base is quite huge. But the realproblem is that they need more automation to set up a blockchain basedenvironment for different processes. In order to achieve that, Kaleido mustprovide a platform where they could buy tools to enable efficient integrations.
One of the primary things to be noticed here is that thislatest marketplace allows the users to take help in development as well asfront end. Moreover, it does not only enable you to utilize the tools relatedto the main blockchain network. In fact, if you want to do some configurationson the supporting infrastructures or work with other protocols, there is a widevariety of tools available.
Therefore, mainstream users do not have to worry about thevariance in different technologies.
It is important to realize that Amazon is not the only giantin this exploration. There are several companies including IBM, SAP, andDeloitte trying to roll out newer solutions for the community. However, Amazonhas partnered with Kaleido at the time of its launch and together they havecrafted several AWS integrations for Amazon’s enterprise-level blockchaincustomers.
Let it be HD wallet, data backup tools or private networking.With the help of this marketplace, customers will have easy access to prettymuch all of the Amazon Web Services related to the blockchain.
Kaleido confessed that a couple of its early adopters havealready realized that it cuts about 80% of the extensive work required to writecustom code.
It does only stop here. In fact, this joint venture will alsoallow different traders, developers, and resellers to list their products onthe marketplace. Moreover, Kaleido also offers consultation services to thebudding ventures looking forward to penetrating the market.
