ConsenSys and AMD partners to launch a blockchain-based cloud computing


Today ConsenSys announced a collaboration with Abu Dhabi-based Halo Holdings and AMD to develop optimized datacenter solutions for emerging blockchain workloads through the creation of W3BCLOUD.

W3BCLOUD plans to develop optimized solutions powered by AMD hardware that is capable of supporting a variety of workloads and applications for governments and commercial enterprises, as well as accelerate the adoption of decentralized
applications.

W3BCLOUD is focused on providing the first independent cloud computing blockchain infrastructure, combining increased transaction throughput with state-of-the-art security. ConsenSys, as a global leader in blockchain development, brings insight into efficient usage for blockchain transactions, security requirements, and emerging use cases for the technology.

“Bolstering the compute power of blockchain networks with AMD’s leading-edge technology will be of great benefit to the scalable adoption of emerging decentralized systems around the globe,” said Joe Lubin, founder of ConsenSys and co-creator of Ethereum.

He also added, “The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies.”

“We are excited to work with Consensys and provide them with access to high-performance hardware technologies capable of better scaling and proliferating decentralized networks and services to meet the growing interest from large corporations and governments looking to tackle challenges ranging from smart identity, enterprise data centers and health ID tracking, to licensing and supply chain management,” said Joerg Roskowetz, director of product management, Blockchain Technology, at AMD.

For those that aren’t aware of Halo Holdings. Halo Holdings is an investment management firm headquartered in Abu Dhabi, United Arab Emirates. Halo has transactions in large-scale technology and private equity investments spanning Asia, Europe, North America and the Middle East. The Halo team has extensive leadership experience in global technology and investment firms.

Even though, not a lot of details have been released on this upcoming launch, it’s great to see that AMD is making moves towards partnership and expanding their technology further.

 


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Samuel Tan

Samuel Wan has been an analyst and cryptocurrency evangelist for the last few years. Previously he worked as a consultant for a Big 4 consulting firm and is passionate about how blockchain will make an impact in the world. You can contact Sam at s@cryptomenow.com

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