AWS launches a managed blockchain service

AWS launches a managed blockchain service

Posted  298 Views updated 17 days ago
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It was only a year ago that AWS CEO Andy Jassy said that he wasn’t all that interested in blockchain services. Clearly something has changed over the course of the last year because today, the company is launching two new blockchain services: Quantum Ledger Database and Amazon Managed Blockchain.

As the name implies, AWS Managed Blockchain is a managed blockchain service. It supports Ethereum and Hyperledger Fabric.

“This service is going to make it much easier for you to use the two most popular blockchain frameworks,” said AWS CEO Andy Jassy. He noted that companies tend to use Hyperledger Fabric when they know the number of members in their blockchain network and want robust private operations and capabilities. AWS promises that the service will scale to thousands of applications and will allow users to run millions of transactions (though the company didn’t say with what kind of latency).

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Support for Hyperledger Fabric is available today. Ethereum support is launching a few months from now.

Getting started with Managed Blockchain is a matter of using the AWS Console and configuring nodes, adding members and deploying applications.

“When we heard people saying ‘blockchain,’ we felt like there was their weird conveluting and conflating what they really wanted,” said Jassy. “And as we spent time working with customers and figuring out the jobs they were really trying to solve, this is what we think people are trying to do with blockchain.”


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