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ConsenSys, the crypto software studio, has partnered with Abu Dhabi based Halo Holdings and California micro chips developer AMD, in a new venture “scale the emerging Blockchain ecosystem,” according to a press release published by the company.
In its Twitter account, Joe Lubin, founder of ConsenSys and co-creator of Ethereum, wrote that “today, ConsenSys and AMD have announced collaboration on developing high-performance hardware technologies capable of better scaling and proliferating decentralised networks, especially for large corporations and governments.”
The alliance will “develop optimised datacenter solutions for emerging blockchain workloads through the creation of W3BCLOUD.” The plan is to develop ConsenSys solutions powered by AMD hardware that are capable of working in government and commercial enterprises.
W3BCLOUD will be focused on providing independent cloud computing Blockchain software.
“Bolstering the computing power of blockchain networks with AMD’s leading-edge technology will be of great benefit to the scalable adoption of emerging decentralised systems around the globe,” said Lubin.
“The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies,” Lubin added.
Halo Holding will provide financial advising and investing among the solutions and research.