Introducing AWS Blockchain Templates for Ethereum and Hyperledger Fabric

Introducing AWS Blockchain Templates for Ethereum and Hyperledger Fabric

Introducing AWS Blockchain Templates for Ethereum and Hyperledger Fabric

Amazon revealed this information in an official blogpost.

Amazon's Blockchain Templates create and configure the AWS resources needed to start with a scalable blockchain approach.

It was on Wednesday that Jeff Barr, who happens to be the chief evangelist of AWS proceeded to outline through his blog post that the newly available "templates" would be moving quite a long way helping the various clients unveil a Hyperledger Fabric (private) or an ethereum (either public or private) network in a matter of minutes, which was to be done by just a few clicks.

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The new service from AWS was launched late last week under the name AWS Blockchain Templates, and will now allow AWS to directly compete against similar offerings from Oracle Corp (ORCL) and International Business Machines Corp (IBM).

Amazon isn't the first to market with this kind blockchain product.

AWS Blockchain Templates use their chosen framework as containers on an Amazon Elastic Container Service cluster, or directly on an EC2 instance running Docker.

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AWS last week unveiled Blockchain Templates, providing a cloud onramp to the emerging technology used for projects ranging from managing Bitcoin cryptocurrency to securely recording events, medical records, identity management and more.

Blockchain is a distributed digital ledger technology that makes it possible to build applications where multiple parties can record transactions with a trusted central authority to ensure those transactions are verified and secure. "Either way, it is clear that there are a lot of intriguing possibilities and we are working to help our customers use this technology more effectively." . You pay only for the resources required to run your blockchain network. The division is in fierce competition with other tech giants' cloud computing arms, including Microsoft Azure, which showed an early interest in providing blockchain as a service when it partnered with the ethereum startup ConsenSys in 2015.

Hyperledger Fabric is an open-source blockchain framework from the Linux Foundation that enables you to write blockchain applications and offers access control and permissions for data on the blockchain. They also both use "DynamoDB table for service discovery, along with Application Load Balancers for the status pages", according to a separate blog post.

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