Cloud Solutions for Blockchain Challenges


Choosing your ideal blockchain cloud infrastructure requires careful consideration.

The use of blockchain in different industries is accelerating. As new blockchain strategies emerge, the underlying technologies are changing. Blockchain services are now used in addition to cloud-based products and services. This is because cloud technologies address many of the pain points associated with blockchain development. In this article, we look at the benefits of blockchain combined with the cloud, such as workforce management, operational costs, and time to market.

Choosing a blockchain cloud provider

Before delving into any discussion of an underlying blockchain cloud technology, it’s important to recognize the differences between various cloud service providers (CSPs). They may offer very different solution sets, and not all of them will meet the needs of your ideal blockchain infrastructure.

Hybrid and multi-cloud options open the door to blockchain interoperability and decentralization

When it comes to developing your blockchain infrastructure, both hybrid and multi-cloud options are crucial, as they open the door to blockchain interoperability and decentralization. Some CSPs are multi-local, which is a plus for the decentralized nature of the blockchain back-end. However, only providers with a large portfolio of deployed solutions are likely to offer a multi-cloud and hybrid network service.

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 can also offer the benefits of open source solutions, which is a great asset for interoperability, reversibility, and multi-cloud strategies.

However, very few cloud service providers offer their cloud products with no inbound and outbound data traffic fees, and these guarantees are vital as they are likely to save you money in the long run.

Cloud technology to boost the blockchain industry

Cloud solutions are a logical choice when it comes to leveraging your blockchain technologies. There is a range of viable cloud technologies to suit blockchain infrastructure requirements, including:

Bare Metal Blockchain Solutions

A dedicated server gives the user full flexibility to design the software layer, so you get the control you need to design and manage your machine. With cloud-based bare-metal servers, the hardware is maintained by the provider. The solution ships with networking features, such as enhanced public connectivity bandwidth options and private vLAN connectivity, helping you meet clustering and scalability requirements.

In addition, there are built-in hardware capabilities that are perfectly suited to enhanced blockchain security, such as the Intel Software Guard Extension (SGX), which enables dedicated servers equipped with specific CPU chipsets for encryption-based confidential computing. hardware.

Blockchain Public Cloud Solutions

Public cloud solutions are especially well suited to the needs of expanding blockchain startups. The basic underlying resources of the technology are shared with more than one company, in addition to which the cloud service provider has created the product itself.

Public cloud solutions increase user efficiency through automation, for example: by using hypervised public cloud services (through open source software), such as OpenStack, users can (using OpenStack CLI, Terraform or Ansible) achieve greater VM-based automation and management.

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There are also specialized orchestration tools like Kubernetes, with layers of master nodes and fully managed automations. Blockchain developers often use this form of cloud-based infrastructure, known as Managed Kubernetes, because it reduces time to market as well as the need for hardware maintenance. By leveraging this technology, DevOps talents can spend more time on proper research and development.

Hosted Private Blockchain Cloud

Hosted private cloud platforms can help address the pain point of shared resources. Unlike dedicated servers, which are infrastructure as a service (IaaS), hosted private clouds are more likely to be platform as a service (PaaS) solutions. These clusters are equipped with specialized hypervisor solutions, from companies like Nutanix and VMware. They specialize in creating software that manages the underlying infrastructure. These solutions include built-in, out-of-the-box features that offer capabilities such as infrastructure management, monitoring, virtualized custom networking, automation, and disaster recovery and backup.

These solutions offer improved redundancy features such as service uptime due to high availability. This improves fault tolerance since the product itself is designed with a minimum of two hosts. If one of the underlying nodes goes down, the overall infrastructure continues to function. In short, there is no single point of failure.

Cloud-based PaaS solutions seem to suit the blockchain industry. This is because hosted private cloud products offer a variety of out-of-the-box tools for developing private containerized environments. VMware and Nutanix offer orchestration products, such as Tanzu or Nutanix Kubernetes Engine, and these solutions are fully scalable, secure, and private.

Key considerations when choosing a blockchain cloud infrastructure

The use of cloud technologies in the blockchain industry is growing exponentially. Many cloud services and products support the needs of blockchain infrastructure, whether they are end-to-end solutions, public cloud, or hosted private cloud.

Choosing your ideal blockchain infrastructure provider requires careful consideration. To make it easier, we’ve devised a set of criteria to help you assess the attributes of key vendors:

Businesses should choose a cloud provider based on key attributes, including:

Criteria What should you look for? Why is this important?
Hybrid/Multinucud Strategy Enablement Interoperable solutions allow you to interconnect different products and services. Including the ability to connect to third-party solutions, as well as any on-premises or colocation configuration Interoperable blockchain solutions open the door to further decentralization of blockchain networks, as well as robust disaster recovery options.
compliance measures A contractual commitment to broad regulations such as GDPR, as well as sector compliance that meets the requirements of specific industries. Regulations surrounding blockchain are likely to increase. Depending on your industry, you may need an industry-specific compliance certification.
Price transparency There should be no charge for inbound and outbound traffic. In a nutshell, inbound and outbound traffic refers to data going in and out of the cloud. Without a zero charge guarantee, your monthly billing can become unpredictable
Openness and reversibility This should include carefully choosing cloud products that embrace open source values. This is crucial for future migrations and multi-cloud strategies, as well as lowering business risk.
Security, scalability Strong security solutions and tools, such as Anti-DDoS protection, should be included as standard. As do hardware encryption solutions like Intel Software Guard Extension (SGX) and embedded solutions to be scalable from the ground up. Enterprises working on the blockchain often face security threats that require robust security responses from the infrastructure layer. As blockchain technologies grow, they will rely on enterprise-grade security to meet ever-increasing demand.
Service level agreements (SLAs). Expect no less than a 99.9% infrastructure uptime service level agreement (SLA) The SLA provides consumers with a guarantee on uptime rates. This means that the provider must compensate a customer for any downtime that may occur beyond the SLA agreement, improving the reliability of the overall solution that is created for the end consumer.

In short, Blockchain and cloud technologies may well be a perfect match, but the combination requires careful selection and planning with your cloud provider, not to mention a strong partnership with them to stay ahead of the challenges that are sure to come. are presented to you. .

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About the Author: Omar Abi Isa is an award-winning Blockchain expert, with over 7 years of experience in B2B SME enterprise clients. He specializes in helping technology companies with a strong focus on the Blockchain sector.

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