VMware and Ethereum? What do those two technologies have in common? VMware has now added Ethereum to its VMware blockchain platform which allows companies to run networks and applications.
VMware and Ethereum? What do those two technologies have in common? VMware has now added Ethereum to its VMware blockchain platform which allows companies to run networks and applications.
These applications can be coded in solidity or Webassembly (WASM). Solidity is Ethereum’s native coding language for its smart contracts. WASM is a coding language that Solana and Polkadot chains can use. Now I know what you are thinking, what is Ethereum or Solana?
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VMware and Ethereum?
These blockchains are programmable blockchains. A smart contract is a program that is commonly used to make digital currency tokens or is integrated into games. There has never been a corporate use for it outside of experimental forks of blockchains used by banking systems. These forks are often customized to the solution these companies need and are often used for international settlements rather than applications. The platform allows companies not only to have a standardized blockchain, but also gives them the flexibility to customize it to their preference.
The significant drawback to using Ethereum as a development platform for companies is its transparent nature. The blockchain has no privacy features. This is a problem for companies using it to deploy code and test out programs.
VMware Blockchain Adds Privacy
VMware has made sub-transaction privacy; this allows companies to choose which users can see what parts of the transaction they want. The datasheet also covers how the consensus mechanisms work on their platform. The beta will be able to connect with all the popular Ethereum tools such as hardhat, truffle and remix, as well as Metamask wallet.
Hardhat and Truffle are integrated development environments and Remix is a browser-based environment. This allows for companies to use their instance just as they would use Ethereum normally. There would be no learning curve to deploying on the public Ethereum blockchain and the VMware blockchain. The blockchains should function identically.
I believe this is a big step forward for blockchain development. Sometime in the future developers may use this platform to code on Polkadot or Cosmos chains. If VMware is able to get these technologies on its platform it could become a one-stop shop for blockchain development in the corporate sector.
Polkadot is what many consider to be an evolution of Ethereum in its parachain ecosystem. Parachains are simply blockchains connected to each other by a relay chain. A relay chain gives security to the parachains and bridges the parachains together. Cosmos is considered to be an extensible blockchain given its highly customizable SDK.
Final Thoughts
VMware is jumping on the blockchain ecosystem while it is still young. This is a brave move and a bold strategy. The onboarding of companies in the industry in a safe environment is exactly what is needed. Corporations should benefit from using the technology without the fear of many pitfalls when developing cryptocurrencies. Hopefully in the future, VMware will add support for Polkadot and Cosmos.
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