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Blockchain-Driven Platform Kaleido Introduces Blockchain Business Cloud To Build Blockchains Across Clouds And Geographies

BFSI News

Blockchain-Driven_Platform-Kaleido-Introduces-Blockchain-Business-Cloud-To-Build-Blockchains-Across-Clouds-And-Geographies Blockchain-Driven Platform Kaleido Introduces Blockchain Business Cloud To Build Blockchains Across Clouds And GeographiesKaleido, a Blockchain-driven ConsenSys Enterprise Business platform, has introduced its Blockchain Business Cloud to provide an industry first, a seamless Blockchain solution, which allows customers to develop networks across multiple Clouds and geographies on a single platform. Kaleido’s Blockchain Business Cloud platform allows enterprises to stimulate from the proof-of-concept stage to production Blockchain networks for diverse environments.

Founded in May last year, Kaleido has assisted many enterprises to deploy over a thousand consortia blockchain networks, generating more than 150 million blocks, with some of the world’s leading brands, such as T-Mobile, Heineken, Kroger, Sony, UnionBank, Fox, and many others. Blockchain technology is sweeping across enterprises in all major industries. With its shared ledger and smart contract software, the technology needs business network participants to collaborate with the aim of deploying and operating the technology. This collaboration can often take the form of blockchain consortia, groups of organizations that work together to classify use cases and to build and operate Blockchain applications for shared business utility. Indeed, a recent study by Deloitte found that 74 percent of respondents said their company was either already participating in a Blockchain consortium or likely to join one.

Kaleido’s Blockchain Business Cloud is now available on Microsoft Azure’s Marketplace. As per the industry analysts, AWS and Azure encompass more than 80 percent of the Public Cloud sector. The enterprises, for the first time, can now collaborate to develop diverse business networks on a single, cross-cloud solution operating on the Kaleido platform. Moreover, Kaleido will work with Cloud leaders Microsoft Azure and Amazon Web Services to provide its Blockchain Business Cloud, a full-stack SaaS (Software-as-a-Service) platform and dedicated Blockchain marketplace to speed up the complete enterprise journey from exploration, proof of concepts and pilots to live production business networks.