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Blockchain Cloud: cloud solutions for blockchain challenges

Choosing your ideal blockchain cloud infrastructure requires careful thought

The use of blockchain in different industries is accelerating. As new blockchain strategies emerge, the underlying technologies change. Blockchain services are now used in addition to cloud-based products and services. Indeed, cloud technologies solve many problems related to blockchain development. In this article, we discuss the benefits of blockchain combined with cloud, such as labor management, operational costs, and time to market.

Choose a blockchain cloud provider

Before delving into any discussion of an underlying blockchain cloud technology, it is important to recognize the differences between different cloud service providers (CSPs). They can offer very different sets of solutions, 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 growing your blockchain infrastructure, hybrid and multi-cloud options are crucial, as they open the door to blockchain interoperability and decentralization. Some CSPs are multi-local, which is an advantage for the decentralized nature of the blockchain back-end. However, only vendors with a broad portfolio of implemented solutions are likely to offer both hybrid and multi-cloud networking service.

A cloud provider’s stance on regulatory policies is also important. Not all vendors offer industry-specific compliance guidelines and data sovereignty regulations, such as GDPR within the EU. Some vendors operate within these frameworks and are fully compliant. A vendor can also offer the benefits of open source solutions, which is a huge plus for interoperability, reversibility, and multi-cloud strategies.

However, very few cloud service providers offer their cloud products without ingress and egress data traffic charges, and these assurances are essential as they are likely to save you money in the long run.

Cloud Technology to Power the Blockchain Industry

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

Bare metal blockchain solutions

A dedicated server gives the user complete 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 vendor. The solution comes with networking features such as enhanced public connectivity bandwidth options and private vLAN connectivity, helping you meet clustering and scalability requirements.

Additionally, there are built-in hardware capabilities that are ideal for blockchain-enhanced security, such as Intel’s Software Guard Extension (SGX) enabling dedicated servers with specific CPU chipsets for confidential computing based on hardware encryption.

Blockchain public cloud solutions

Public cloud solutions are particularly well suited to the needs of scale-up blockchain startups. The underlying bare metal resources of the technology are shared with several companies, on which the cloud service provider has built the product itself.

Public cloud solutions increase user efficiency through automation, for example: when using hypervised (via open source software) public cloud services, such as OpenStack, users can (at using the OpenStack CLI, Terraform or Ansible) achieve greater automation based on virtual machines and management.

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

Hosted Private Blockchain Cloud

Hosted private cloud platforms can help solve the problem 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 such as Nutanix and VMware. They specialize in creating software that manages the underlying infrastructure. These solutions include built-in, out-of-the-box features that provide functionality such as infrastructure management, monitoring, custom virtualized networking, automation, disaster recovery, and backup.

These solutions provide enhanced redundancy features, such as service availability through high availability. This improves fault tolerance because the product itself is designed with a minimum of two hosts. If one of the underlying nodes fails, the overall infrastructure is still operational. In short, there is no single point of failure.

Cloud-based PaaS solutions seem to suit the blockchain industry. Indeed, hosted private cloud products offer a variety of out-of-the-box tools for developing private containerized environments. Both VMware and Nutanix offer orchestration products, such as the Tanzu Engine or Nutanix Kubernetes, 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 blockchain infrastructure needs, whether bare metal, public cloud, or hosted private cloud solutions.

Choosing your ideal blockchain infrastructure provider requires careful consideration. To make it easier for you, we’ve designed a set of criteria that will help you evaluate the attributes of top vendors:

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

Criterion What should you look for why is it important
Enabling hybrid/multi-cloud strategy Interoperable solutions allow you to interconnect different products and services. Including the ability to connect to solutions from other vendors, as well as any on-premises or colocation configuration Interoperable blockchain solutions open the door to more decentralized blockchain networks as well as robust disaster recovery options
Compliance measures A contractual commitment to general regulations such as GDPR, as well as industry compliance that meets the requirements of specific industries Regulations surrounding blockchain are likely to increase. Depending on your industry, you may need industry-specific compliance certification
Transparency in prices There should be no charge for ingress and egress traffic In simple terms, inbound and outbound traffic refers to data entering and leaving the cloud. Without a zero fee guarantee, your monthly billing can become unpredictable
Opening and reversibility This should include the careful choice of cloud products that embrace open source values This is crucial for future migrations and multi-cloud strategies, as well as reducing business risk
Security, scalability Robust security solutions and tools, such as anti-DDoS protection, should be included as standard. Just like hardware encryption solutions such as Intel Software Guard Extension (SGX) and embedded solutions to be scalable from scratch Businesses working in blockchain often face security threats that require robust infrastructure layer security responses. As blockchain technologies grow, they will rely on enterprise-grade security to meet growing demand
Service Level Agreements (SLAs). Expect no less than a 99.9% infrastructure uptime service level agreement (SLA) The SLA offers consumers a guarantee on availability rates. This means that the provider must compensate a customer for any downtime that may occur beyond the SLA agreement, thereby improving the reliability of the overall solution designed for the end consumer.

In summary, Blockchain and cloud technologies may be a perfect marriage, 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 game. challenges that are sure to come your way. .

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This article was originally published here: https://blog.ovhcloud.com/how-to-use-cloud-to-solve-blockchain-challenges/

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

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