Amazon is set to collaborate with ConsenSys Kaleido to bring an Ethereum marketplace for enterprise-level blockchain.
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ConsenSys subsidiary, Kaleido, is set to launch a “plug-and-play” set of services to help Ethereum blockchain projects from the initial proof-of-concept stage to the production level of their business. The announcement came at the Lisbon Web Summit, where Kaleido revealed that they would be collaborating with Amazon Web Services (AWS), as well as other third-party developers, in order to create an enterprise blockchain platform.
The aim of the marketplace is to help companies and projects fill the gap when finding skilled workers to help complete their projects. As the industry is still relatively new, resources and access to skilled developers and others in the space can be tough. It also takes up a lot of time.
Kaleido revealed at the Lisbon Web Summit that the marketplace has already helped to assist over 80% of clients in cutting down the custom code needed when developing a blockchain. They have also helped to create “over 1,000 blockchain networks with its Blockchain Business Cloud.” In a press release released by Kaleido, Founder and COO, Sophia Lopez, said:
“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”
ConsenSys appears to be growing from strength to strength, with the firm having recently announced partnerships with ING Bank, Citigroup and MUFG Bank. Kaleido and AWS joint marketplace will have traditional AWS integrations as well as wallets for privacy and ID registries for identities within a business. In a further statement from CEO and Co-Founder of Kaleido, Steve Cerveny said:
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.”
The platform set up by ConsenSys Kaleido and AWS is set to launch sooner rather than later considering the steps that Jeff Bezos’ behemoth is currently taking in the traditional retail market with Amazon and Amazon digital.
In recent cryptocurrency exchange news, Bitfinex has introduced new withdrawal fees, the CEO of Bitmex has refuted accusations that the exchange’s in-house trading desk trades against its customers, and Malta-based Bistraq Exchange has commenced operations.
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Bitfinex to Charge 3% on Frequent Withdrawals
Bitfinex has introduced new fees on external wire requests that appear to be designed to reduce the frequency and size of fiat withdrawals. As of this week, the exchange will start charging when its customers make more than two fiat withdrawals within a 30-day period. It will also charge a 3 percent fee when customers request “more than $1 million in aggregate in fiat withdrawals in any 30-day period.”
Bitfinex claimed that “regular withdrawals” will not be affected by the change, estimating that it will not impact “99 percent” of its customers. However, the exchange “may exempt customers from this charge in its sole discretion.”
The company also claimed that it “serves as the primary fiat gateway in the crypto ecosystem.” It added that it has processed more than 700 withdrawals, worth more than $1 billion in total, over the last month alone. Despite the purportedly high number of withdrawals it said it has been handling, a quick glimpse at the exchange’s suggests that many of its customers are still waiting for their transactions to be processed.
Bitmex CEO Pushes Back Against Accusations
In a recent interview with , Arthur Hayes — the chief executive officer and co-founder of Bitmex — has sought to deny accusations that the company’s trading desk has traded against its customers. Referring to a Medium that circulated throughout the cryptosphere last month, Hayes stated that Bitmex does not trade against its customers and does not provide “special access to anyone.”
He said that while Bitmex has a market-making desk, it exists solely to provide liquidity to the exchange’s order books. He added that the market-making desk is also “a customer,” claiming that it “is treated like any other account.”
Malta-Based Bistraq Exchange Starts Operations
Bistraq has commenced operations, becoming the latest exchange to operate under Malta’s Virtual Financial Asset (VFA) regulations. Angelo Jansen, the chief executive officer of Bistraq, said the company believes in “fair” cryptocurrency regulations. “That is the reason we obtained the VFA Licenses,” he .
Currently, Bistraq supports BCH, ETH, LTC and BTC pairings, with plans to introduce more crypto-assets in the future. It also plans to eventually facilitate the trading of tokenized assets, with Jansen describing security tokens as “the next mega-trend in cryptocurrency.”
What do you think about Bitfinex’s hefty fees on large and frequent fiat withdrawals? Share your thoughts in the comments section below.
Images courtesy of Shutterstock
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