AWS joins the blockchain – GCN group

AWS joins the blockchain party

• By David Ramel
• November 29, 2018

Amazon Web Services has announced two cloud-based services for organizations that want to create and manage scalable blockchain networks.

While both use generalized accounting technology, a service – Amazon Quantum Ledger Database (QLDB) – uses a reliable central authority, while the other – Amazon Managed Blockchain – allows multiple parties to perform transactions without a & # 39, reliable central authority.

The company stated that both services, released at the AWS re: Invent in Las Vegas conference, help manage commercial transactions that require full audibility.

"Amazon QLDB is a transparent, immutable and cryptographically verifiable ledger for applications that need a central and reliable authority to provide a permanent and complete record of transactions (eg supply chain, financial, manufacturing, insurance and resources) human resources), "the company said. "For customers who want to build applications where multiple parties can perform transactions without the need for a reliable central authority, Amazon Managed Blockchain simplifies the creation and management of scalable blockchain networks using the popular open source frameworks Ethereum and Hyperledger Fabric. "

The QLDB provides an SQL-like API that can be familiar to data developers, without the need to manage or configure servers. Like many other AWS services, it is automatically scalable to meet application demand and costs only for the resources used. Amazon Managed Blockchain, on the other hand, "manages your certificates, allows you to easily invite new members to join the network and tracks operational metrics such as the use of processing, storage and storage resources" , said AWS. "In addition, Managed Blockchain is able to replicate an immutable copy of the blockchain network activity in the Amazon Quantum Ledger Database (QLDB), a fully managed general ledger database that allows you to easily analyze network activity. outside the network and get information on trends. "

Both QLDB and Amazon Managed Blockchain are available for preview.

This article was published for the first time on AWSinsider, a sister site of GCN.