ConsenSys partners with chip manufacturer AMD to develop blockchain infrastructure

ConsenSys, the Ethereum production studio, is partnering with investment firm Halo Holdings and chip manufacturer AMD to launch W3BCLOUD, an entity developing data center solutions for blockchains. According to a statement released on Thursday by ConsenSys, W3BCLOUD "is focused on providing the first independent cloud computing blockchain infrastructure," and will leverage AMD's hardware to develop solutions for "a variety of workloads and applications for governments and commercial enterprises."


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“Bolstering the compute power of blockchain networks with AMD’s leading-edge technology will be of great benefit to the scalable adoption of emerging decentralized systems around the globe,” said Joe Lubin, founder of ConsenSys and co-creator of Ethereum. “The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies.”

Joerg Roskowetz, AMD's director of product management for blockchain technology, added that the company is excited to work with ConsenSys and will "provide them with access to high-performance hardware technologies capable of better scaling and proliferating decentralized networks and services to meet the growing interest from large corporations and governments."

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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