Kadena Will Offer Its Private Blockchain Service on Azure
Daniel Johnson — August 30, 2019 — Business
References: kadena.io & techcrunch
Kadena will launch its private blockchain service in the Azure marketplace. The company's CEO Will Martino spoke on the company's announcement, "Our private chain is designed for enterprise use. It’s designed for being high performance is designed for integrating with traditional back ends."
The CEO also indicates that Kadena is a blockchain that is able to provide both public and private blockchain services.
The free private blockchain service will allow different organizations to use the technology and get better at implementing it. The crypto tool is able to provide up to 2000 transactions during a second that spans 4 nodes. Offering the technology to companies for free will allow it to use and experiment with it, ultimately growing Kadena's popularity as a blockchain that is aimed for corporate use.
Image Credit: Kadena
The CEO also indicates that Kadena is a blockchain that is able to provide both public and private blockchain services.
The free private blockchain service will allow different organizations to use the technology and get better at implementing it. The crypto tool is able to provide up to 2000 transactions during a second that spans 4 nodes. Offering the technology to companies for free will allow it to use and experiment with it, ultimately growing Kadena's popularity as a blockchain that is aimed for corporate use.
Image Credit: Kadena
Trend Themes
1. Private Blockchain Services - Kadena's free private blockchain service on Azure offers a disruptive innovation opportunity for companies looking to integrate blockchain technology into their operations.
2. Enterprise Blockchain Integration - Kadena's private chain designed for enterprise use presents a disruptive innovation opportunity for industries seeking to modernize their traditional back ends with blockchain technology.
3. Growing Popularity of Corporate Blockchain - Kadena's free private blockchain service enables companies to use and experiment with the technology, driving the adoption and popularity of blockchain solutions in corporate settings.
Industry Implications
1. Financial Services - Kadena's private blockchain service offers disruptive innovation opportunities for financial institutions seeking secure and efficient transaction processing.
2. Supply Chain Management - Kadena's private chain service on Azure offers a disruptive innovation opportunity for organizations in the supply chain industry to improve transparency and traceability.
3. Healthcare - Kadena's free private blockchain service provides a disruptive innovation opportunity for healthcare providers to enhance patient data security and interoperability.
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