Amazon Managed Blockchain: The Future of Enterprise Blockchain Solutions | Blockchain Central
Amazon Web Services, a subsidiary of the retail giant, has released its Amazon Managed Blockchain service.
The product will allow customers to integrate blockchain into their organizations’ activities and develop their own decentralized networks based on the open source platforms Ethereum and Hyperledger. The announcement also states that AMB is capable of scalability to handle thousands and millions of transactions..
Amazon claims blockchain as a service will help businesses accelerate the development of their own networks and reduce associated costs by eliminating the need to purchase hardware, install software, obtain and manage access certificates..
In a closed mode, the blockchain service was launched in November last year, but access to it got only partner companies such as AT&T and Nestlé.
At the same time, the distributed database Amazon Quantum Ledger, designed for maintaining a controlled log of transactions, began to function..
Nike is also developing blockchain products and has already applied for the Cryptokicks trademark..
text: Ivan Malichenko, photo: Getty Images