Kaleido is First Blockchain Platform to Offer Native Smart Contract Management

Kaleido solves a key obstacle to enterprise blockchain adoption with launch of native smart contract management, and partnership with MythX.

OSAKA, JAPAN -  Kaleido, a ConsenSys-backed company and leading Blockchain Business Cloud, announced at DevCon 2019 the addition of enterprise smart contract management as a native component on the Kaleido platform, giving customers the ability to manage how smart contracts are deployed and by whom.

Kaleido also announces the addition of the leading smart contract verification solution, MythX, to the Kaleido marketplace. MythX smart contract verification allows business & organizations to use smart contracts securely, with push-button ease, to scan for vulnerabilities, and detect issues before deploying. This powerful capability will greatly reduce expensive errors and create trust.

“Governing smart contracts, which contain shared business logic across companies, is a difficult obstacle for blockchain consortia to manage” said Kaleido Founder and CEO Steve Cerveny.  “Kaleido now gives an ‘enterprise deploy’ option for contracts with governance, workflow, versioning, security and firewall protection built in.”

MythX scans for security vulnerabilities in Ethereum and other EVM-based blockchain smart contracts. It provides a comprehensive range of analysis techniques accessible through tools developers already use and directly through a powerful API. The MythX suite of industry-leading analysis techniques—including static analysis, dynamic analysis, and symbolic execution—accurately detects security vulnerabilities and provides an in-depth analysis report. The MythX integration is now available in the Kaleido Marketplace.

“MythX is excited to partner with Kaleido to bring new capabilities to the smart contract management solution and to increase the reach of our new MythX security analysis service in small developer teams as well as enterprises building web3 solutions,” said Tom Lindeman, co-founder of MythX. “MythX runs as a SaaS service in the cloud bringing heavy compute power to the dynamic analysis and fuzzing capabilities, and is integrated with popular development tools like Truffle, Remix and VS Code so teams can easily include security scanning into their daily work flows right from their favorite client tools.”

The combination of Kaleido’s native smart contract management solution with MythX’s security analysis service gives Blockchain developers and enterprises alike a truly end-to-end managed service.

“As organizations mature their adoption of blockchain in financial services and other industries, they can now manage smart contracts across environments and control who can deploy these in their business networks. They now can also be sure exactly which lines of code were run for every transaction, an industry first for Ethereum-based networks,” said Sophia Lopez, Kaleido Founder and COO.

“We’re pleased to offer another industry-first capability that empowers organizations to grow their business network without needing to worry about common challenges associated with shared IT. Customers across all industries and Kaleido plans can take advantage of the contract management functions starting today, ” says Kaleido CEO Steve Cerveny.

Kaleido’s native smart contracts capability also supports Truffle and is integrated with Github. For the first time ever on an Ethereum-based network, users can now verify and audit which lines of code were executed for every transaction. Coupled with Kaleido’s partnership with MythX for the new addition of MythX’s smart contract analysis techniques, enterprises now have the push-button simple solution for smart contract management, deployment, and analytics.  To learn more about how Kaleido Smart Contracts and MythX work, click here.

Kaleido is the only full-stack blockchain SaaS that is enterprise and consortia-ready. By partnering with AWS and Azure, Kaleido’s platform spans leading cloud platforms and even hybrid deployments for a seamless multi-cloud experience. Kaleido’s enterprise B2B capabilities empowers companies to modernize their business networks with decentralized technology and to accelerate innovation with pre-integrated essential enterprise tools and technologies.

In 2018, Kaleido launched the industry’s first enterprise blockchain marketplace to offer a range of leading innovative services that provide clients with flexibility and choice. Organizations running on Kaleido have accelerated their enterprise grade production deployments and business results. Kaleido’s integrations are available today in its marketplace and companies can try them for free upon registration with Kaleido.

‍