Kaleido to speed up blockchain implementation with Kaleido Marketplace
Date: 2018-11-10   Author: Saipriya Iyer  Category: #news

Kaleido to speed up blockchain implementation with Kaleido Marketplace

Kaleido, in partnership with Amazon Web Services, has reportedly launched a new platform – called Kaleido Marketplace. As per authentic sources, the platform aims to deliver tools and protocols for the components of novel blockchain projects – right from the app to the chain.

Incidentally, Amazon Web Services has been an alliance partner of the startup since its launch in early 2018, and Kaleido has worked with Amazon's blockchain team for creating AWS integrations to help enterprise blockchain customers. Through the Kaleido marketplace platform, businesses now have access to blockchain services such as HD wallets, industry products such as Viant, OpenLaw, and Chainlink, and AWS services such as data backup and private networking. According to an official statement by the company, early adopters of the Kaleido Marketplace projected that it helped eliminate 80% of the custom code that under normal circumstance, would have been required to build their blockchain solutions.

Apparently, via Kaleido’s partnership program, technology providers can embed Kaleido within their blockchain projects. The CoinGeek, as a matter of fact, mentions that Greenfence Consumer, organizing blockchain-based promotions for firms such as Fox and Sony, is one such partner for Kaleido. Indeed, Jon Labrie, SVP, Blockchain Systems & Applications, Greenfence, has been quoted to state that Kaleido, which the company has been using for the last three months, has helped eliminate a considerable number of complexities of the Ethereum chain.

The CEO of yet another Kaleido partner, Anne Hale Miglarese of the Radiant Earth Foundation, has also been quoted expounding the benefits of the platform. Apparently, Kaleido helped the Radiant Earth Foundation accelerate its blockchain proof-of-concept.

For the uninitiated, Kaleido is one among over fifty blockchain projects that is overseen by ConsenSys – the blockchain tech firm and incubator, launched in the year 2014, by Joe Lubin, Ethereum co-founder. An authentic report claims that the Kaleido Marketplace platform is seen by Cerveny as the next evolution of the blockchain-specific support service offered by Kaleido.



About Author


Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

Read More

More from Saipriya


Post Recommendents

Asia Pacific Passive Fire Protection Materials Market will grow at 9.5% CAGR up to 2024
Author: Rahul Varpe

Based on the end-users, building & construction segment for passive fire protection materials market is projected to grow with CAGR of about 8.5% by 2024. This is attributed to strong persistence by regional regulatory bodies primarily in emer...


Tata Group in talks of acquiring a controlling stake in Jet Airways
Author: Ojaswita Kutepatil

Tata Group is reportedly inspecting Jet Airways’ books as the multinational corporation considers to grow its footprint in India’s growing air travel sector by potentially purchasing a stake in the cash-str...


Ring Main Unit Market is Projected to Reach USD 3 Billion by 2024
Author: Rahul Sankrityayan

Increasing investments in large scale renewable energy projects along with rigorous ongoing efforts toward the expansion of micro-grid network have significantly impelled ring main unit market commercialization. On account of the renewable energy ...