{"id":11689,"date":"2019-01-07T00:00:00","date_gmt":"2019-01-07T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/01\/07\/consensys-the-ethereum-development-studio-partners-with-amd\/"},"modified":"2019-01-07T00:00:00","modified_gmt":"2019-01-07T00:00:00","slug":"consensys-the-ethereum-development-studio-partners-with-amd","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/consensys-the-ethereum-development-studio-partners-with-amd\/","title":{"rendered":"ConsenSys, the Ethereum Development Studio Partners With AMD"},"content":{"rendered":"
ConsenSys<\/a> <\/strong>announced a merger with the chip manufacturer Advanced Micro Devices [AMD]<\/strong>. This partnership aims towards developing a new cloud computing infrastructure based on the blockchain technology to government agencies and large companies as well.<\/p>\n In the press release ConsenSys also mentioned that it was also partnering with Halo Holdings<\/strong>, an Abu Dhabi-based investment farm. Through these partnerships, the platform will provide the use cases and the information on how blockchain transactions may need to be processed.<\/p>\n As stated in the announcement, the merger between the three companies aims \u2018\u2018to develop optimized datacenter solutions for emerging blockchain workloads through the creation of W3BCLOUD<\/i>.\u2019\u2019<\/strong><\/p>\n W3BCLOUD<\/strong> presumably stands for Web 3.0 Blockchain Cloud. It will improve the \u2018first independent cloud computing blockchain infrastructure\u2019 and in the process combine increased transactions through maximum security.<\/p>\n W3BCLOUD will optimize solutions powered by AMD<\/a> <\/strong>hardware, which is able to support large workloads and applications for both government and commercial enterprises. W3BCLOUD is a computing architecture that is designed specifically for supporting Decentralized Applications.<\/strong> Therefore, it will increase the level of mass adoption towards Decentralized Applications, (DApps).<\/p>\nWeb 3.0 Blockchain Cloud<\/b><\/h2>\n