LAS VEGAS – Last year at Re: Invent 2017, Andy Jassy, CEO of Amazon Web Services, questioned that blockchain technology was really something that customers had to have in their technology arsenal. A year later, he changed his music.
Jassy presented Amazon Managed Blockchain on Wednesday during his re: Invent 2018 keynote. The new offering will allow customers who need secure and decentralized transaction processing to use a managed AWS blockchain service using the Hyperledger Fabric or Ethereum protocols. Several other cloud and enterprise technology companies, such as IBM and Microsoft, have adopted the blockchain for a while as a new method to solve supply chain problems while the cloud market leader has taken a wait-and-see approach.
"The culture within AWS is that we do not build things for optics," said Jassy. However, after AWS was repeatedly questioned about blockchain last year, Jassy said the company was committed to trying to figure out who the customers were trying to solve with blockchain technology.
One of these problems – conducting transactions with a centralized trust – announced that AWS had effectively terminated its operation as part of a search to record service transactions within its service. EC2 calculation. Now plans to make this service available to customers as a new database called the Amazon Quantum Ledger Database.
The AWS engineer Tim Bray said:
QLDB tl; dr: the database on which AWS services are created in cases where DynamoDB is not suitable. #reInvent
– Tim Bray (@timbray) November 28, 2018
But when it came to another problem: decentralized transaction processing, AWS concluded that blockchain technology was actually the right solution, leading to the development of Amazon Managed Blockchain, Jassy said.
Specific details about the database and the managed blockchain service were not immediately available, but will likely be released later on Wednesday at re: Invent, and we will update this post as soon as these details are published.