Kaleido, a ConsenSys firm, unveiled on Wednesday at Coindesk’s Consensus, the launch of a recent enterprise technology stack and the rollout of over a dozen latest capabilities, tools and capabilities for the enterprise blockchain Kaleido’s recent B2B tech stack, a core component of its Blockchain Business Cloud, aims to provide the foundational system for companies to adopt blockchain, tokenization, and build decentralized applications (DApps). It was deployed in collaboration with organizations looking to use the solution to modernize their business processes. “Blockchain has brought a radically better way for businesses to solve an age-old problem of transacting with trust and transparency. The foremost networks we’re partnering with are realizing the benefits of this future before everyone else,” Steve Cerveny, founder and CEO of Kaleido, remarked on Wednesday. “Today’s announcement is a huge leap forward for enterprises evolving their business networks. Kaleido has uniquely brought together all of the necessary tools and technologies on our exchange in a single, integrated B2B stack.” UnionBank of the Philippines uses Kaleido as part of Project i2i, a domestic and cross border payment network providing offerings that rely on “a banked-backed token on the blockchain,” according to Justo Ortiz, chairman of the board of UnionBank. Kaleido customer Komgo is a blockchain-based commodity trade and finance group comprised of international institutions like Citi, ING, Koch Supply & Trading, MUFG Bank, Societe Generale, ABN AMRO Bank, Credit Agricole Group, BNP Paribas, Shell and others. “Not only did Kaleido power our ability to go into production for letters of credit in record time – only four months after forming Komgo and at multiples of the speed faster than any blockchain-based trade finance network – they have turbocharged our ability to seamlessly onboard the next set of international industry leaders joining our diverse network,” stated Souleima Baddi, CEO of Komgo. Kaleido is introducing a push-button-simple, industry-agnostic token system where clients can easily issue different types of custom crypto tokens to digitize assets with a recent token factory, transfer ownership with atomic swap products, and automatically manage crypto tokens with a recent token explorer. The organization explained the system aims to help bring token activity into the mainstream. Kaleido is also complimenting its multi-cloud service with a hybrid capability. Kaleido Private Stack, a latest extension to the exchange, lets a member of a business network join and run a node from anywhere they choose including on-premise data centers to enable truly borderless blockchain networks. Several other offerings across its B2B tech stack were also introduced, all available via plug-and-play production-ready infrastructure, including the Asset Registry, Address Book, Eth Firewall, Event Streams, App to App Messenger, Document Store, Enterprise Connectors, API Gateway and Eth Wallets for apps. The organization explained the latest capabilities are aimed at removing much of the burden from enterprises of the heavy lifting and specialized skills needed to build DApps. Kaleido is also expanding its plug-and-play blockchain marketplace with the addition of fresh tech partners Rhombus, OpenLaw, and Pantheon, decentralized oracle service Chainlink, and a latest category for developer tools, among other offerings. Released last year at the Consensus 2018 conference, Kaleido has since helped some of the world’s top brands deploy blockchain-based solutions including T-Mobile, Kroger, Heineken, Sony and Fox. “Last year, we released the world’s most advanced enterprise blockchain system with Kaleido in order to take the complexity out of blockchain. Enter web3, which will take digital assets and tokenization to the next level on the blockchain,” stated Joe Lubin, founder of ConsenSys and co-founder of Ethereum. “This year, we’re announcing a key evolution of the Kaleido system with fresh tools and products for web3-ready business networks, including tokenization.”
ConsenSys-Backed Blockchain Startup Kaleido Launches New Enterprise Tech Stack
Kaleido, a ConsenSys company, announced on Wednesday the launch of a new enterprise technology stack and the rollout of over a dozen new features, tools and capabilities for the enterprise blockchain.

Key Points
- Kaleido, a ConsenSys company, announced on Wednesday the launch of a new enterprise technology stack and the rollout of over a dozen new features, tools and capabilities for the enterprise blockchain.
MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.
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