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Amazon To Offer Blockchain Services In Its Cloud Computing Division

Amazon, the internet retail giant, reported that it is going to offer blockchain services in its cloud computing division Amazon Web Services; this according to an article published by CNBC.
Amazon is the world biggest online retailer. It started as an online book retailer but soon grew to be the behemoth that it is today. It offers more than 500 millions of products in more than 40 countries at a worldwide scale. They reported a revenue of more than 2 hundred billion dollars last year. Its subsidiary, Amazon Web Services, offers cloud computing services on a paid subscription basis.
This blockchain integration has been possible due to a partnership with a blockchain Canadian enterprise called Consensys, who has provided its knowledge to integrate the new platform into the services already offered by AWS. Consensys has evaluated the state of blockchain technology in the market and noticed that most enterprises are indeed interested in integrating blockchain solutions to its business model, but they are unsure of what kind of requirements they would have to comply; and also the capacitated workforce for this kind of service is scarce.
To avoid all of these pitfalls, Amazon decided to offer Kaleido, the first SaaS (software as services) platform to offer corporative blockchain solutions, making it easy for any startup to jump into the blockchain tech bandwagon only focusing in the rewards, and forgetting the drawbacks or implementation woes.
Kaleido is based on the Ethereum blockchain, and supposedly it offers interoperability with the Ethereum main blockchain. Joseph Lubin, the Ethereum cofounder, who is also Consensys CEO, says that Kaleido will link private ledger and public ledger technology, with unprecedented scaling potentials. The Ethereum blockchain is a mature tech designed to run decentralized applications on top of it.
Amazon has identified the needs of the corporative market and quickly filled that need. Kaleido is available now from the Amazon Web Services website.

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