ConsenSys, AMD to Develop Ethereum-based Cloud Computing Infrastructure

Ethereum-related development firm ConsenSys has partnered with US-based multinational computer chip manufacturer AMD to develop a blockchain-based cloud computing infrastructure.

Announced on Friday, the W3BCLOUD computing architecture will be developed through a collaborative effort involving ConsenSys, AMD, and United Arab Emirates-based investment company Halo Holdings. W3BCLOUD will be used to power “optimized datacenter solutions for emerging blockchain workloads”, the announcement noted.

Cloud-Computing To Offer Better Scalability
The W3BCLOUD solution may be used by software programs developed for commercial enterprises and governments. As the “first independent cloud computing blockchain” enabled infrastructure, W3BCLOUD will provide “increased transaction throughput” with enhanced security.

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