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Home » Kaleido Blockchain Deploys QEDIT’s Zero-Knowledge Proof Solution

Kaleido Blockchain Deploys QEDIT’s Zero-Knowledge Proof Solution

Kelly Cromley by Kelly Cromley
Sep 15, 2019
in Market News, News
Reading Time: 1 min read
0

Kaleido, a blockchain startup serving enterprises, has implemented zero-knowledge proof solution from crypto privacy focused tech company QEDIT.

The collaboration with Kaleido, QEDIT says, will facilitate its private asset transfer function as a ready-made choice for enterprises using the platform.

CEO and co-founder of QEDIT Jonathan Rouach added:

“Kaleido has played a leading role in accelerating the deployment of enterprise blockchain technology by removing the need for companies to invest significant resources in custom code development. […] We’re proud to be partnering with Kaleido and thrilled about having our ZKP privacy protocol available in their marketplace.”

Rouach further pointed out that the Komgo blockchain is an illustration of Kaleido’s ability, alleging that it is “is used by leading energy companies and financial institutions.”

According to the media release, Kaleido “is the only full-stack blockchain SaaS that is enterprise and consortia-ready.”

In May 2018, Amazon’s cloud business, Amazon Web Service, collaborated with Kaleido to provide uncomplicated blockchain cloud platform for its customers. In November 2018, both companies together unveiled a complete platform that assists corporates effectuate blockchain solutions.

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