Amazon is making the jump into blockchain at last

Amazon launches a pair of new blockchain services…

Amazon is one of the major companies that appeared to have been keeping the worlds of blockchain and cryptocurrencies at arms length. But whilst we’re no closer to seeing Amazon suddenly taking Bitcoin in exchange for a few dozen books and the Fifty Shades trilogy on DVD, the company has taken some significant steps in the blockchain world.

Two new blockchain services have now been announced by Amazon, as part of its Amazon Web Services business.

Quantum Ledger Database and Amazon Managed Blockchain are the two services concerned, and they’ve been revealed by CEO Andy Jassy (who at one stage in the past appeared to be distancing Amazon from blockchain). Of the latter, he’s confirmed that it’s going to support Hyperledger Fabric and Ethereum (although Ethereum support won’t be online for a few months). “This service is going to make it much easier for you to use the two most popular blockchain frameworks”, Jassy said, as he presented the two new services.

Jassy boasted that Amazon Managed Blockchain would allow users to create blockchain networks with just a few clicks. Furthermore, that it can scale to support thousands of applications, which in turn can support millions of transactions.

“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”, Jassy added. The fruits of those labours are available right now.

Image: BigStock

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