Blockchain startup Citizens Reserve is partnering with enterprise software startup Blockdaemon to more rapidly deploy nodes.
Announced Wednesday, the partnership is aimed at helping Citizens Reserve, lead by a team of former Deloitte blockchain employees, and its clients more quickly deploy nodes using tools developed by Blockdaemon, enabling users to more easily join the former's SUKU "supply chain-as-a-service" blockchain platform.
This, in turn, aims to reduce the time and effort required by clients before they can begin processing transactions through SUKU, which is built upon the Quorum blockchain.
Blockdaemon specializes in helping groups deploy blockchain networks. It received venture funding from the venture wing of telecommunications giant Comcast, as previously reported by CoinDesk.
Citizens Reserve CEO Eric Piscini told CoinDesk that the partnership has been several months in the making, and while his startup is still optimizing its product, the two companies will begin offering clients this new assistance by the end of the year.
"We want to be able to deploy a node into one of our technology partners in an hour, that's the goal. We were able to do that [and] we exceeded expectations [by deploying] within 15 minutes," he told CoinDesk.
Konstantin Richter, CEO and founder of Blockdaemon, told CoinDesk that the Citizens Reserve team was "always on the cutting edge of the latest blockchain tooling."
"Citizens Reserve is aiming to offer a very professional and functional product for the supply-chain vertical, where participants are focused on their use-case, rather than extensive back-end [and] infrastructure orchestration," he explained in an email.
Blockdaemon similarly hopes to "offer security and decentralization combined with ease of use," chiefly by simplifying the process of deploying, connecting and monitoring nodes, he added.
The partnership will be a long-term arrangement as well, according to Piscini. While the existing marketplace is "working great," the companies are continuing to integrate their platforms and services.
"It's a real partnership that's extremely critical ... we're not here for one event or one activity, we're here for the very long term," he concluded.
Freight train image via Shutterstock
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Supply ChainCitizens ReserveSUKUBlockdaemon
Bitcoin's Price Breaks Through Key Support As Stocks Go South
Bitcoin (BTC) has dropped out of the tight trading range seen recently, paralleling losses in the U.S. stock markets.
The leading cryptocurrency, which was trapped in a triangle pattern (narrowing
Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4
Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has predicted weak demand for processors from cryptocurrency miners for the fourth quarter.
TSMC, the primary supplier for crypto
Crypto Exchange Huobi Now Lets Users Swap Between 4 Different Stablecoins
Huobi, the Singapore-based cryptocurrency exchange, has just launched a new solution that enables users to switch between different types of fiat currency-pegged cryptocurrencies, or stablecoins, in e
Bitcoin Price Eyes Triangle Breakout Above $6.4K
Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies.
The price consolidation comes after Mon
Security firm G4S Has Launched a Crypto Custody Service
U.K.-based security services company G4S now offers a crypto custody service aimed to protect investors' holdings of digital assets.
Announcing the move in a press release on Oct. 16, the firm said
Gates Foundation Partners With Former Ripple CTO's Blockchain Project
The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked.
The news comes via a tweet from Miller Abel, th
Mt Gox's Bitcoin Creditors Have 4 Days to Submit Rehabilitation Claims
Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22.
As previously reported by CoinDesk, the exchange first opened up the claims process in August, follow
Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool
U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public.
Called Salus, after the Roman the goddess of safety and well-bein