Amazon launches it's AWS Blockchain Templates

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Amazon, the online shopping company is now set to tap the power of the blockchain and have finally launched their own blockchain templates on AWS (Amazon web services). See more Introducing Aws blockchain templates

According to Amazon ;

It wants to make it easier for developers to create projects based on the blockchain technology underlying bitcoin and other cryptocurrencies.

The product (AWS-blockchain templates) will give users a pre-set blockchain frameworks to support two technologies-
Ethereum and Hyperledger Fabric. To start using AWS Blockchain Templates, visit the getting started page

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Amazon are always known to be innovative, once again they've moved fast on the integration and adoption of a new technology to cope with the changes in the market.

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The blockchain has been one of the most talked thing on the Internet. The blockchain technology cuts out the need for a third party or intermediary. Eliminating the needs for need for a trusted, central authority like the banks and other financial institutions. The transactions involving the blockchain are permanent/immutable, independently verifiable and more secured.

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Bitcoin is the first application of the blockchain. In recent times, several start ups and corporations are seeking to incorporate the blockchain into it's supply chain management, financial services and co.

The future is looking bright for the blockchain as Big players in the financial world are now tapping into the underlying potentials of it's technology.

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Reference

• https://www.cnbc.com/2018/04/20/amazon-web-services-launches-blockchain-templates.html

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Thanks for Reading

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