Blockchain Firm Kadena Rolls Out Free Blockchain-as-a-Service Solution On AWS Marketplace

Blockchain | January 24, 2019 By:

Kadena, a blockchain technology company founded by former JPMorgan and SEC technologists, has rolled out its Blockchain-as-a-Service solution on the Amazon Web Services (AWS) marketplace.

Kadena is developing blockchain platforms for businesses and entrepreneurs by solving the speed, scalability, and security concerns that impede widespread blockchain adoption and offering simple solutions and tools for developing on a blockchain. Kadena claims that its platform is already being used by several Fortune 500 companies to improve operational efficiencies and data management in the sectors of healthcare and commercial insurance.

In its announcement, Kadena said that the “Community Edition” of its secure and scalable private blockchain platform, ScalableBFT, is now available on AWS Marketplace. The free Blockchain-as-a-Service solution will allow users to rapidly evaluate, build, and deploy blockchain-enabled solutions with Kadena’s blockchain technology.

The free version of ScalableBFT supports up to four nodes and 2,000 transactions per second (tps). It will also support secure channels, trustless escrows, pluggable encryption, contract governance, and automatic bug detection via formal verification. Clients licensing the full version of ScalableBFT will be able to leverage the full power of the technology, with transaction speeds of 8,000 tps and hundreds of nodes.

“We’re pleased to work with AWS to help businesses scale efficiently and effectively as smart contract adoption grows,” said Stuart Popejoy, co-founder of Kadena. “With blockchain technology adoption increasing across many industries, from government to healthcare to insurance, businesses need the right tools to address security and scalability. AWS Marketplace is the perfect place to share our technology widely.”