ConSensys, Halo Holdings and AMD team up to create W3BCLOUD datacenter solution for blockchain infrastructure development

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Recently, ConSensys, the Ethereum blockchain development consortium, AMD and Abu Dhabi-based Halo Holdings announced their partnership that aims to develop optimised datacenter solutions for emerging blockchain workloads. The said project dubbed, W3BCLOUD will leverage ConSensys’ extensive blockchain software expertise and will plan to develop optimised solutions powered by AMD hardware.
The planned hardware will also be capable of supporting a variety of workloads and application for governments and commercial enterprises, and accelerate the adoption of decentralised applications. W3BCLOUD which stands for Web 3.0 Blockchain Cloud will be focused on providing the first independent cloud computing blockchain infrastructure by combining increased transaction throughput with state-of-the-art security.
To put it simply, in this partnership, ConSensys will be in-charge of the heavy work pertaining to blockchain technologies and obviously, AMD will provide the hardware and other related expertise needed. What is not stated in the press release is the role assigned to Halo Holdings.
Joe Lubin, founder of ConSensys and co-creator of Ethereal 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 decentralized 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 expressed his company’s excitement to work with ConSensys by providing access to high-performance 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.”
So the question now is, would the partnership of three big companies be enough to bring positive development to blockchain technologies? Will this finally result into a more secured and stable blockchain infrastructure that the cryptocurrency industry badly needs? Let’s give these three companies the benefit of the doubt and hope that they do something good to the industry.