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AWS steps into blockchain arena | Articles | Big Data

AWS: At this year's AWS: Invent conference in Las Vegas, AWS CEO Andy Jassy announced the launch of two new blockchain services. Quantum Ledger Database (QLDB).

According to AWS, the new Amazon Quantum Ledger Database is a "fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log owned by a central trusted authority". QLDB operates on both the Ethereum network and the Hyperledger Fabric.

AWS had already announced some new updates to its cloud machine learning (ML) services, Amazon Polly, Amazon Translate and Amazon Transcribe. Amazon has been launched in the last 12 months.

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Jassy also introduced the new "Inferentia" AI chips which was created to handle the larger workloads required to run ML functions. AWS and Amazon as a major player in the AI ​​market.

"We are not overspending on ML research." It is a gigantic area and we are investing in the right direction.

AWS Outposts. Other announcements made in the presentation included in partnership with VMware.

"Customers are telling us that they are trying to recreate a stunted version of a cloud on-premises, because it's perpetually out of sync with the cloud version," explained Jassy.

"There is a lot of value in that kind of on-premises offering and that's why these solutions are not getting much traction," he added.

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