Blockchain in the enterprise holds great promise, offering distributed retention of encrypted data in the public cloud.
Although blockchain technology is still emerging among enterprise organizations, it offers potential as the technology is no longer simply a bitcoin infrastructure. The ecosystem has shown potential among big technology players such as Amazon and Google, as public cloud storage is at the heart of retaining encrypted data.
Blockchain’s future with the public cloud
The public cloud and blockchain may be a match made in heaven, but it is unlikely that every enterprise organization will build its own infrastructure that can support it. Integration of the two technologies can ensure consistent performance and security. Blockchain cloud configuration is already offered by enterprise providers such as Amazon as “blockchain as-a-service.”
Indeed, other advantages of the public cloud allow access to data and blockchain-enabled applications. Implementing the public cloud can enable access-based management approaches and identity to thrive. Service providers can provide strong foundations, eliminating the need for organizations to integrate applications on their own.
Some enterprise cloud service providers can even leverage data on a decentralized blockchain, storing data on dozens of separate pathways, which are dispersed worldwide. Blockchain technology has come a long way. It is certainly a game-changer.
For more on blockchain technology, see Blockchain To Blockchains: Broad Adoption Enters The Realm Of The Possible.