How to use Cloud to Solve Blockchain Challenges (Part 3)
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The use of blockchain in different industries is accelerating. As new blockchain strategies emerge, the underlying technologies are changing. Blockchain services are now being utilized on top of cloud-based products and services. This is because cloud technologies address many of the pain points associated with blockchain development. In this article, we discuss the benefits of blockchain combined with the cloud, such as workforce management, operational costs, and time-to-market release.
This is part three in a mini-series about blockchain technology being combined with the cloud. Please read the following before continuing;
Before we dig deeper into any discussion about underlying cloud technology, it is important to recognize the differences between cloud service providers (CSP). They may offer very different solution sets, and not all will meet the needs of your ideal blockchain infrastructure.
When it comes to developing your blockchain infrastructure, hybrid and multi-cloud options are crucial, as they open the door to blockchain interoperability and decentralization. Some CSPs are multilocal, which is an advantage for the decentralized nature of the blockchain back-end. However, only providers with a large portfolio of implemented solutions will likely offer both hybrid and multi-cloud networking services.
A cloud provider’s stance on regulatory policies is also important. Not all providers will offer industry-specific compliance guidelines and data sovereignty regulations, such as GDPR, within the EU. Some providers operate within these frameworks and are fully compliant. A provider might also offer the benefits of
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