Amazon Web Services Launches Central Blockchain Management Platform

Amazon Web Services (AWS) is a dynamic, growing business unit within Amazon. It is a secure cloud digital platform with thousands of software listings that offers global computing, cloud storage, database, analytics and deployment services for organizations.

AWS provides cloud-based information technology infrastructure services to businesses. It s has launched an Amazon Managed Blockchain service that makes it easy to create and manage scalable blockchain networks. The blockchain management platform allows customers to execute multiple transactions and maintain a secured crypto record. It will support thousands of applications using open source frameworks like Hyperledger Fabric and Ethereum.

 


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The Amazon Blockchain Management platform makes it easy for customers to create and manage secure blockchain networks that can support millions of transactions by thousands of applications. Users choose their preferred framework (Hyperledger Fabric or Ethereum), add network members and also, configure nodes that process transaction requests.

Rahul Pathak, G.M. Amazon Managed Blockchain, said that the platform was developed for customers who want to use blockchain frameworks to quickly process business transactions without the need for a centralized authority. It will manage the network, certificates and security networks.  Customers can now focus on application development instead of managing a blockchain network.

Amazon Blockchain Management eliminates the need for customers to secure certificates for access control, using AWS Key Management Service technology. It provides a fully managed ledger database which makes it easy for customers to replicate transactions on the Quantum Ledger Database (QLDB). The database is currently available in North Virginia and will expand to additional regions next year. 

 

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