Amazon has just made its biggest push into blockchain yet

Amazon-Web-Services-AWS

Amazon-Web-Services-AWS

They've (Amazon) been looking for partners to help get blockchain into their customers hands.

The Tuesday announcement indicated that the technology company will collaborate with Kaleido, an offshoot of a respected blockchain incubator, Consensys.

Overall, the objective of the company is to give AWS customer straightforward access to the same technology that underpins digital assets such as Bitcoin.

"We knew we needed to design a platform from the business problems down, since that is where the enduring problems are that companies face in the blockchain space".

The development gives customers advantage to build their firms on blockchain technology. But blockchain is notoriously difficult to install, and even harder to manage, so Kaleido should get lots of attention, the analyst said.

Announced at the ConsenSys blockchain conference in NY on Tuesday, the tech giant's cloud computing arm is partnering with a startup called Kaleido, which was born out of ConsenSys.

'Howard Forever!' Chadwick Boseman tells graduates: pursue life with objective
During his speech, he praised the students who protested over the financial aid scandal that took place this past school year. Boseman ended his remarks with the now-famous salute from his $1.3 billion-grossing movie, saying " Howard forever ".

New Honda Amaze set for launch today
Inside of the vehicle has also improved with a 7-inch touchscreen infotainment system with both Apple Carplay and Android Auto. Moving to the rear, the new Amaze features an angular design with C-shaped tail lamps and a shark fin antenna.

Tamil Nadu Class 12 Result 2018 Today At Tnresults
A huge number of candidates have appeared in this examination and gave this exam successfully at pre defined exam centres. TNBSE board conducts exams for Board of Secondary Education (SSLC) and Board of Higher Secondary Examinations (HSC).

"If blockchain doesn't become dramatically easier to use, then companies will have to walk back their investments and our society will be far too slow in realizing blockchain's significant promise".

"It is the first Blockchain SaaS [Software as a Service] solution available on the AWS Marketplace", it added, "and will help them rapidly advance their blockchain projects". "We are excited to work with Telefónica to enable the digital transformation of enterprise customers and help them leverage the scalability and breadth of services that AWS offers".

Verizon announced today that it was going with Amazon Web Services (AWS) as its preferred public cloud provider. AWS is using a partner-led strategy instead of building from the ground up.

"It also represents the first "dual mode" use of Ethereum, enabling private, permissioned Ethereum-based systems to link with public, permissionless Ethereum, in order to achieve an element of trustworthiness that has previously been unobtainable", Ethereum co-founder Joseph Lubin noted of the deal.

Lubin pointed that companies are deploying blockchain massively due to its impacts on their services.

The Kaleido platform is created to offer companies the immutable security of a public blockchain without compromising the flexibility of private networks in what the companies call a "private-public" approach to blockchain operations. Kaleido is also compatible with many of Amazon's existing web services, including Amazon Athena, Amazon Elastic MapReduce, Amazon Virtual Private Cloud and others.

Recommended News

  • Statoil to trot out new name

    Statoil to trot out new name

    Statoil's involvement in renewable energy now includes hydropower, onshore wind and solar developments. Trading of its stock on the Oslo stock exchange will continue under the ticker "STL" by May 15.
    Frances Bean Cobain Loses Historic Nirvana Guitar in Divorce Battle

    Frances Bean Cobain Loses Historic Nirvana Guitar in Divorce Battle

    Frances filed for divorce from Isaiah Silva in March 2016, with their divorce reportedly being finalised back in December .
    Kings bowled out for 88 as RCB thrash KXIP by 10 wickets

    Kings bowled out for 88 as RCB thrash KXIP by 10 wickets

    After opening stand of 36 runs between openers KL Rahul and Chris Gayle, RCB bowlers completely dominated the match. Mumbai have to win both their remaining two matches to keep their chances alive for advancing to the play-offs.
  • Google investigated by Australian regulator over its Android data harvesting practices

    Google investigated by Australian regulator over its Android data harvesting practices

    Regulators found that telecom service customers are unknowingly paying for gigabytes of mobile data mined by the US tech giant. Google names its Android systems after candies and desserts, rather than referring to each software version by number .
    Microsoft Plans Low-Cost Tablet Line to Rival iPad

    Microsoft Plans Low-Cost Tablet Line to Rival iPad

    Apple launched a new version of the $329 iPad in March, with a faster processor and Apple Pencil stylus support. Back in 2012, Microsoft did offer a lower-cost tablet called the Surface RT, but it didn't hit with consumers.
    Adobe Systems (ADBE) Shares Bought by Robeco Institutional Asset Management BV

    Adobe Systems (ADBE) Shares Bought by Robeco Institutional Asset Management BV

    Weatherly Asset Mgmt L P has 2.05% invested in Adobe Systems Incorporated (NASDAQ:ADBE). 710 are held by Mitsubishi Ufj Secs Ltd. The software company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.11.
  • Time Warner Inc. (TWX) recently sold by insider Wright Deborah C

    ( NYSE : TWX ) news released recently go to: 247Wallst.com , Seekingalpha.com, Seekingalpha.com, Benzinga.com or Bizjournals.com. Spark Investment Management Llc bought 10,000 shares as the company's stock rose 19.72% while stock markets declined.
    Google News updates utilize AI to take on Apple News

    Google News updates utilize AI to take on Apple News

    As part of that, another feature coming soon is "Subscribe with Google, which lets publications offer subscription-based content". It works as you'd imagine, letting you mark out preferred topics, news sources and locations to filter your reads.
    Quitting Al Ahly coach Hossam El Badry 'did the right thing'

    Quitting Al Ahly coach Hossam El Badry 'did the right thing'

    Mouloudia left it late to snatch a 1-0 win against fellow Algerian club Entente Setif with Amir Karaoui scoring on 89 minutes. Swallows have four points, former champions Etoile Sahel of Tunisia three and Zesco United of Zambia and Primeiro one each.
  • Italy M5S leader says govt deal would be 'bomb' for establishment

    Italy M5S leader says govt deal would be 'bomb' for establishment

    Mr Di Maio also targeted the UK's Financial Times for a story headlined " Rome opens its gates to the modern barbarians ". There is still no word on who the parties want to lead the government.
    A's Stephen Piscotty homers in first at-bat following bereavement leave

    A's Stephen Piscotty homers in first at-bat following bereavement leave

    Piscotty, batting eighth, hit a home run Tuesday night in his first at-bat since his mother's funeral. Stephen Piscotty put his hand to his heart and crossed home plate, looking up at his mom in heaven.
    Everton end ties with Allardyce

    Everton end ties with Allardyce

    Sam was brought in at a challenging time last season to provide us with some stability and we are grateful to him for doing that. Everton tried to bring Silva in from Watford before settling on Allardyce as the replacement for the fired Ronald Koeman.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.