Online marketplace giant, Amazon (NASDAQ:AMZN), has officially launched its AWS managed blockchain service, which aims to ‘makes it easy [for companies] to create and manage scalable blockchain networks’.
The AWS Managed Blockchain is an open source network similar to Ethereum, and claims to be highly scalable. According to the press statement, the new blockchain solution will be capable of handling ‘thousands of applications and millions of transactions’, and will make it far easier for clients to leverage the advantages of DLT technology without the labor-intensive work involved with setting up networks using existing frameworks.
“Customers simply choose their pre...