Red Hat and BlockApps develop open source container technology platform to help enterprises more easily develop blockchain applications in hybrid cloud environments

Red Hat, a world-renowned provider of open source solutions, is working with blockchain enterprise software provider BlockApps to help companies more easily create blockchain application products that can be deployed in a variety of hybrid cloud environments - including public and private clouds.

Victor Wong, co-founder and CEO of BlockApps, said:

“We are seeing a massive shift in blockchain adoption, moving from experimentation to wholesale adoption and large-scale enterprise deployments across a wide range of industries. Red Hat and BlockApps have been collaborating for a long time, and we couldn’t have found a better partner than Red Hat to bring blockchain-based standards to production.”

Some of the biggest barriers to enterprise blockchain adoption lie in the complexity of rapidly developing solutions that can scale up blockchain proof-of-concepts (POCs) to enterprise-grade production environments.

Rich Feldmann, global head of financial services at Red Hat, said:

“Red Hat believes in the potential of blockchain in the enterprise, and we believe a flexible, open source container platform provides an ideal platform for blockchain and financial technology applications to thrive. We are excited to continue our collaboration with BlockApps to help enterprise organizations leverage the power of blockchain applications in hybrid environments.”

BlockApps is a leading enterprise blockchain as a service (BaaS) platform that makes it easier to transform blockchain applications from proof of concept to product stage. So far, the number of enterprises using the platform has rapidly increased to 100, and more than 1,000 projects have been created. Red Hat is a leader in hybrid enterprise-level open source solutions and open source container technologies. In 2016, BlockApps' STRATO became the first available blockchain application on Red Hat's Openshift container platform, and BlockApps also joined Red Hat's Openshift blockchain project, which aims to help consumers in the financial services industry create managed blockchain solutions.

Today, BlockApps and Red Hat are working together to scale blockchain applications in hybrid cloud environments. The hybrid BaaS solution driven by the OpenShift container platform allows developers to create many applications that combine the capabilities of blockchain in a hybrid cloud environment, making it easier for enterprise organizations to create Ethereum applications that can enter product production.

BlockApps was founded in 2015 by some of the world's leading blockchain experts. Located in Brooklyn, New York, it is the first Blockchain-as-a-Service (BaaS) software platform that allows enterprises to quickly and easily create blockchain applications. BlockApps uses the open source blockchain standard - Ethereum - which allows enterprise developers to create applications in a few hours.