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The technology giant, Amazon, is launching a blockchain service to help customers build blockchain networks without incurring the costs of creating their own platform.
Announced Wednesday at the re: Invent conference on Amazon, the Amazon Managed Blockchain platform "is a fully managed service that facilitates the creation and management of scalable blockchain networks." Users can create platforms at the same time. 39, using Hyperledger Fabric or Ethereum, although it is not yet available. available.
The new platform is another aspect of Amazon Web Services, Amazon's cloud computing subsidiary, which powers a large number of websites and services, including platforms like Netflix.
"Amazon Managed Blockchain eliminates the overheads needed to create the network and automatically adapts to the demands of thousands of applications running millions of transactions," says the service's website, adding that the platform "will automatically adapt" according to the needs of applications running millions of transactions. "
In addition, the company announced that the blockchain platform could store data on another database product, stating:
"Managed Blockchain can replicate an immutable copy of your blockchain network activity in the Amazon Quantum Ledger Database (QLDB), a fully managed ledger database. This allows you to easily analyze network activity outside the network and better understand the trends. "
QLDB is not a blockchain platform, but can be used with Amazon's blockchain product to "keep a complete and verifiable history of data changes."
The service is currently being previewed, which means that interested people can sign up. If they are approved, they will be able to create a network of block chains. They will then be able to invite other members of Amazon Web Services or "create more members in your account to simulate a multi-member network," according to a FAQ section.
Image of Amazon via Sundry Photography / Shutterstock
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