Blockdaemon’s complete node stack supports the flow of data and value for millions of users. Our customers include top tier financial institutions, crypto native companies, exchanges, and many more…
It has been exciting times for infrastructure centric solutions in the blockchain space. The continuous evolution of existing protocols, plus the addition of new ones connecting to the mainnet, means that developers and enterprises face more hurdles than ever to easily create, deploy and manage blockchains. The larger players like AWS and Azure offer their own closed gardens sandboxes to entice enterprises to dip their feet in the water, with the latest mono-cloud/protocol being Kaleido. Other companies throw around “complete” solution sets, like the newly started Clovr (you can see some of its reception here), dipped in promise to solve every problem blockchains face (except for the one of “relevance” and real use-cases) — these seem to compete with the dfinitys et al, top heavy, execution weak.
Our believe has always been that decentralized applications can only function via new infrastructure models (and potential tokenization around costs, turning computational data into a free utility), as well as simple plug and play builds, so the economical cost of innovation is as low as possible. We talk about it here.
We always have been a multi-cloud/multichain solution, aiming to simplify the process of deploying chains, with the end goal being a world in which a “user” (builder) of a decentralized network simply states the type of security, the prefered scripting language, the consensus protocol, and would point them to the right protocol, on our — by default — multichain infrastructure.
We have used Kubernetes to manage load and network distribution, and ensure that networks get distributed across all infrastructure providers (AWS, Azure, gcloud, Digital Ocean are all partners). We share an investor pool with some of the smartest cloud orchestration multi-cloud solutions, so we don’t rebuild everything from scratch, but rather use what is already there. We are sitting with our partners from Heavybit and James Lindenbaum (Heroku Founder) this week (both are investors) to sanity check our architecture strategy and GTM for scalability. Collecting real saas revenue already, pricing needs to constantly evolve.
Decentralization has been a big subject over the last few weeks — is it even viable for enterprises? Is it efficient? These are new challenges that upend conventional means of thinking about architecture and enterprise application design. We certainly believe that decentralization means spanning clouds and geographic regions. But it goes deeper, and isn’t just a feature that’s added; all aspects of a system must be rigorously designed and vetted to avoid putting too much trust in any one party. Approaching this as a core tenet allows business to more honestly respond to use cases that resolve around compliance and accuracy of record-keeping. We’re focusing heavily on these enterprise use cases and our talented team of 15 engineers are hitting their terminals every day to bring a steady stream of enterprise-friendly features that are decentralized by design.
Having real use-cases and working with real clients that pay us is super important here — it forces us to think and build economical viability into the product consideration early, which in turn allows us to scale fast. We are launching 2 great product suites with live customers in the next 10 days: the first preconfigured Stellar node deploy, de facto adding Stellar to our available protocols (Bitcoin, Ethereum, Quorum). This in turn will give us customers requiring high availability nodes for periods of time. Planning out that network architecture in an economically viable way was key, and we did it.
In addition, we are launching our white-label product to make it easy to invite network participants via email, upon receipt of which the participant simply clicks a link, lands on a co-branded site with a GitHub sign up, and clicks 2 buttons to spin up a node connected to a newly minted mainnet. We are excited to have been chosen by G-Coin to build out their highly specific and secure network infrastructure.
We also have a few hundred requests for single public node deployments, which far exceeded our expectations. We offer some pre-integrated DApps (wallets) and the appetite has been enormous. So enormous, we had to throttle intake to fix some scaling issues. I am happy to announce that these have now been fixed, and we opened up the platform for everyone. Try it out. It is simple, yet it is the first solution live that lets you pick from an array of clouds.
Lastly, we are going international and continuing to recruit. Our 100% owned Irish subsidiary is now ready for business, with our team of blockchain thought-leaders over there spear-heading our European growth. Our team now consists of 18 full-time employees and a great bench of advisors and consultants (that we are trying to pull onto our “workbench” full time).
Stay tuned for real feature announcement and customer updates.