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Author Topic: Amazon Releases Two Products for Blockchain Creation and Management  (Read 168 times)
ozing (OP)
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December 08, 2018, 08:33:31 PM
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On Wednesday November 28, at AWS Invent, Amazon Web Services, Inc. (an Amazon.com company) announced two new technologies for businesses that require full auditability: Amazon Quantum Ledger Database and Amazon Managed Blockchain.

With the downtrend in cryptocurrencies throughout 2018, more and more mainstream corporations are adopting the power of blockchain technology outside the narrow tunnel of cryptocurrencies. Companies such as Unilever and Walmart are implementing blockchain technologies in their supply-chain programs. Banks and financial institutions are exploring the possibilities of blockchain in their own domains. We are truly starting to see this revolutionary technology take its place that was hoarded previously by the frenzy of cryptocurrencies. These services by AWS are another commitment of mainstream Silicon Valley to the adaptation of blockchain.
https://all-stocks.net/amazon-releases-two-products-for-blockchain-creation-and-management/

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December 09, 2018, 11:46:39 AM
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That news was published on cointelegraph two weeks ago. Somehow I am surprised why blockchain didn't had enough attention even from the very begining, well yeah people didn't know bitcoin but I highly believe 3-4 years ago (if not more) major people in such famous businesses would knew BC technologies very well. Btw it's great BC has so much attention, it's an extra layer of protection and even government tries to integrate in a lot of services.
You took good and important examples, btw for enthusiasts in blockchain technologies, there are a lot of articles about it here: https://cointelegraph.com/tags/blockchain

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December 10, 2018, 01:42:22 AM
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There's another article here as well: https://www.cnbc.com/2018/11/28/aws-announces-new-blockchain-services-at-reinvent.html

It's good to see a large company such as Amazon embracing the blockchain. We could definitely use the positive news at this point. Although, TBH, most probably knew this was coming, considering their large offering of services those AWS. They pretty much cover everything.

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December 10, 2018, 04:11:26 PM
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Amazon decided to make use of the blockchain technology since a while. It just shows how the blockchain has a lot more potential than cryptocurrencies (since it can be applied in more domains) BTW, it uses open source frameworks Hyperledger Fabric and ETH for those interested and a fully managed service https://aws.amazon.com/fr/managed-blockchain/
And it seems the platform is attracting big firms already...

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