American software firm ConsenSys has partnered with semiconductor manufacturer AMD and Abu Dhabi-based Halo Holdings to create a blockchain-based throughput solution ‘W3BCLOUD’, which will help develop optimised solutions that will be powered by AMD hardware. The hardware is competent enough and support multiple workloads and applications for commercial enterprises and governments.
The W3BCLOUD will be offering the first independent cloud computing blockchain infrastructure by combining increased transaction throughput with advanced security.
Joe Lubin, founder of ConsenSys and co-creator of Ethereum, said: “Bolstering the compute power of blockchain networks with AMD’s leading-edge technology will be of great benefit to the scalable adoption of emerging decentralised systems around the globe. The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies.”
Joerg Roskowetz, director of product management, Blockchain Technology, at AMD, said: “We are excited to work with Consensys and provide them with access to high-performance hardware technologies capable of better scaling and proliferating decentralised networks and services to meet the growing interest from large corporations and governments looking to tackle challenges ranging from smart identity, enterprise data centres and health ID tracking, to licensing and supply chain management.”
Last month, Huawei Cloud introduced its blockchain service (BCS) for its global clientele. The BCS is used for IoT solutions, data applications, finance, and other sectors. It leverages Huawei Cloud’s container and security technologies, and can be used in cover data transactions, identity authentication, proof of information (such as real estate and education), food source tracing, remote healthcare, the Internet of Vehicles (IoV), and IoT device management.
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