Amazon Web Services Introduces New Blockchain Model

Amazon Web Services Introduces New Blockchain Model

An Overview on Blockchain Services from AWS

Amazon Web Services Introduces New Blockchain Model

Amazon Web Services cloud platform has introduced its own blockchain model based on Ethereum and Hyperledger Fabric, which will allow service users to develop and manage their own blockchain applications. The company announced this in its corporate blog..

The developers report that users will now be able to create their own blockchain applications using the AWS CloudFormation Templates platform, without wasting time on manual network management operations..

Despite rumors last year that the company was not going to launch blockchain-related services, AWS still announced plans in December 2017 to launch a new platform powered by distributed ledger technology..

Recall that the Hyperledger Fabric network was founded in 2015 by the Linux Foundation, and the first code for this platform was released in July 2017, after which the technology began to rapidly gain popularity among companies around the world..

Previously, we have already written how the world’s largest companies integrate blockchain into their business.

text: Anton Kuznetsov, photo: Shutterstock