• Sun, 24 Mar 2019, 11:24 AM
  • All times are UTC
  • Edition:
    International
Link copied

Computer chip maker AMD and ConsenSys partner to develop blockchain-based cloud computing infrastructure

Image Via Glassdoor

Mon, 07 Jan 2019, 04:48 am UTC

Blockchain startup ConsenSys has announced its partnership with computer chip maker AMD and investment management firm Halo Holdings.

Under the partnership, the companies will develop optimized datacenter solutions for emerging blockchain workloads through the creation of “W3BCLOUD.”

W3BCLOUD is a cloud computing blockchain infrastructure with increased transaction throughput and state-of-the-art security. It will be powered by AMD hardware that is capable of supporting a variety of workloads and applications, as well as boosting the adoption of decentralized applications.

ConsenSys will provide its blockchain software expertise to the project, providing insight into efficient compute usage for blockchain transactions, security requirements, and emerging use cases for the technology.

Joerg Roskowetz, director of product management, Blockchain Technology, at AMD, said that AMD would provide ConsenSys with “access to high-performance hardware technologies capable of better scaling and proliferating decentralized networks and services.”

The objective is to meet the growing interest from large corporations and governments that are seeking to tackle challenges ranging from smart identity, enterprise data centers and health ID tracking, to licensing and supply chain management, he added.

“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,” ConsenSys co-founder Joseph Lubin said. “The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies.”

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $4,026.36 (-0.15%)
  • Ethereum (ETH) $137.68 (-0.46%)
  • XRP (XRP) $0.309900 (-0.75%)
  • Litecoin (LTC) $60.44 (-1.05%)
  • EOS (EOS) $3.66 (-0.71%)
  • Bitcoin (BTC) $4,026.36 (-0.15%)
Mar 22, 2019 (Friday)
10:46
SBI Group partners with U.S.-based semiconductor firm to manufacture crypto mining hardware
10:03
Square seeks engineers for new crypto-related initiatives
09:02
Cardano Foundation joins European Commission’s blockchain initiative INATBA as founding member
07:09
Blockchain smartphone maker Sirin Labs partners with MyEtherWallet
06:21
Alibaba, Aerospace Information partner to foster blockchain development
05:30
UPS partners with blockchain startup Inxeption for B2B e-commerce platform
04:36
Financial market veteran Rob Catalanello to lead crypto liquidity provider B2C2’s US expansions
03:44
Numerai secures $11M from Paradigm and Placeholder via token sale
Mar 21, 2019 (Thursday)
11:49
Former Prime Minister of Denmark joins blockchain firm Concordium as strategic advisor
11:00
North Korean dissident group CCD to issue blockchain-based post-liberation visas
10:03
Switzerland inches closer to cryptocurrency regulation
09:07
Huobi Global to launch token sale platform “Huobi Prime”
07:21
Asia Pacific Leaders Malaria Alliance’s M2030 partners with Dragonchain for blockchain-based services
06:10
CoinMarketCap launches of crypto indices on Nasdaq, Bloomberg, Reuters
05:09
seriesOne, Polymath partner to simplify security token issuance
04:13
Binance launches cash-to-crypto brokerage service in Australia
03:45
IoT startup Filament joins Enterprise Ethereum Alliance
Mar 20, 2019 (Wednesday)
11:43
Wirex launches crypto-friendly business accounts
10:43
Ground X to launch public testnet of blockchain platform 'Klaytn’ on March 29
10:08
Seoul Medical Center, Korean Ministry of Science and ICT collaborate on blockchain project
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft