AWS Joins the Blockchain Wagon, Targeting Healthcare and Finance

Ganesh The Awesome Senior Pre & Post-Sales Engineer at GlobalDots

27th April, 2018 1 Min read

Amazon Web Services (AWS) today joined its rivals in releasing a blockchain service, half a year after its CEO cited a lack of “practical use cases” for the technology.

Basing its blockchain-as-a-service (BaaS) on Ethereum and Hyperledger Fabric networks, AWS wants to give developers the tools they need to develop their own blockchain apps.

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AWS’s Blockchain Templates allows users to quickly launch either a public or private Ethereum network, or a private Hyperledger Fabric network, with the templates creating and configuring all the AWS resources needed based on the cloud giant’s pay-as-you-go pricing structure.

AWS’s push into the blockchain market sees it follow in the footsteps of rivals including IBM, Microsoft, Oracle and SAP, which have all deployed versions of this technology.

A visual representation of a flowing data stream with code and timestamps on a dark background. — Image Source

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