Kaleido and Amazon Launch Marketplace for Plug-and-Play Blockchain

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

Kaleido

Kaleido and Amazon Launch Marketplace for Plug-and-Play Blockchain Apps

November 10, 2018

Amazon Web ServicesKaleido, an enterprise blockchain firm owned by ConsenSys, has partnered with Amazon Web Services to launch a marketplace which includes trusted plug-and-play blockchain tools and services from Kaleido, AWS, and other members.

The Kaleido Marketplace extends its Blockchain Business Cloud to become the first full-stack enterprise platform available today. The platform will help enterprises break through the proof-of-concept stage to live production blockchain networks.

According to the company, early adopters of the marketplace have eliminated 80 percent of the custom code required to build their blockchain project. In addition to the marketplace, Kaleido is launching a Partnership Program for third-party providers.

Sophia Lopez, co-founder and Chief Operations Officer at Kaleido
Sophia Lopez, co-founder and Chief Operations Officer at Kaleido

“Clients now have access to native AWS integrations, popular services such as HD wallets for privacy and ID registries for organizational identity, as well as industry products such as Chainlink for smart contract oracles, Viant for supply chain management, OpenLaw and Clause.io for real-time legal contracts, and many others—all at the click of a button”, the announcement said.

A survey conducted by PwC on August 2018 found that 84 percent of executives said their companies were “actively involved” with blockchain, but most companies have struggled to build complete, production-ready blockchain solutions, compounded by a shortage of blockchain skills and talent across the industry.

Sophia Lopez, co-founder and Chief Operations Officer at Kaleido, commented: “We’ve seen successful patterns of deployment as enterprise networks go into production and we’ve baked these best practices into the Kaleido Marketplace services, to help radically simplify the adoption of blockchain and eliminate some of the specialized blockchain expertise needed.”

Steve Cerveny, co-founder and CEO at Kaleido
Steve Cerveny, co-founder and CEO at Kaleido

Steve Cerveny, co-founder and CEO at Kaleido, added: “The reality is only about 10 percent of an enterprise blockchain project is the blockchain itself. There are many other application, data and infrastructure components required to go into production. I’m very excited that we have a whole cloud of blockchain technologies pre-integrated for our clients to use. The Kaleido Marketplace is a one-stop shop for all things enterprise blockchain.”

Commodity trade and finance network Komgo has already used Kaleido’s marketplace. The firm is a consortium of global companies, such as Citi, ING, Koch Supply & Trading, MUFG Bank, Societe Generale, Credit Agricole Group, BNP Paribas, and Shell.

Souleïma Baddi, Chief Executive Officer of Komgo, said: “By building on an open blockchain system, Komgo can select from the best protocols in development across the ecosystem and use existing building blocks for an optimized solution. Now with the proof of concepts and pilots behind us, Kaleido will help us deliver production-ready products for a large number of participants at a very fast pace.”

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