R3 and Kaleido partner to speed enterprise digital transformation efforts  

Kaleido

Startups 4 years ago
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Organizations globally can now accelerate their collaborative cross-industry digitization initiatives through Kaleido’s consortium-as-a service offering announced today.

New York, NY, May 12 - At the State of Enterprise Adoption session at this year’s Consensus: Distributed conference, R3 Co-Founder Todd McDonald and Kaleido Founder Steve Cerveny announced the companies formally partner to offer R3’s Corda Enterprise software on Kaleido’s digital platform. Corda-powered networks are now available through Kaleido’s consortium-as-a-service offering built for organizations looking to accelerate their collaborative transformation efforts across all sectors, including financial services, healthcare, supply chain, transportation, and the public sector.

The partnership allows Corda Enterprise users to rapidly deploy enterprise-grade and production-ready Corda networks on Kaleido. Clients will also be able to run CorDapps on cross-cloud and hybrid networks with a full stack of complementary tools and technologies. The new Kaleido’s consortium-as-a-service offering provides industry-first digital transformation capabilities to accelerate the business outcomes of decentralized consortium networks. Key capabilities include smart contract management, a full stack of middleware technologies, a multi-party control plane, and shared DevOps.

The recent global crisis has served to highlight the limitations of legacy inter-company systems and the urgency to modernize to more nimble and collaborative business processes. Companies are looking to replace legacy processes with digital asset transfers, assure data privacy for partners in new resilient and transparent business networks, and leverage new incentive-based models to drive faster revenue recognition and lower costs. This market-level overhaul is best achieved through collaborative consortia, bolstered by enterprise blockchain technology, to bring transparency and trust to their interactions while maintaining privacy and security.

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https://www.kaleido.io/blockchain-blog/r3-and-kaleido-partner-to-speed-enterprise-digital-transformation-efforts
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