Amazon Announces AWS Blockchain Templates for Ethereum and Hyperledger Fabric
Earlier this month Amazon announced that two of the most popular blockchain frameworks-- Ethereum and Hyperledger Fabric -- are now available on AWS via templates.
Blockchain is an highly incorruptible digital ledger used as the base for many types of projects, but most often those that need an extreme level of security, including Bitcoin cryptocurrency, medical records, identity management and more.
Even so, blockchain has limitations and trade-offs, and many in the developer community are still feeling out its full capabilities. "Some of the people that I talk to see blockchains as the foundation of a new monetary system and a way to facilitate international payments," AWS spokesperson Jeff Barr said in a post last week. "Others see blockchains as a distributed ledger and immutable data source that can be applied to logistics, supply chain, land registration, crowdfunding, and other use cases"
" 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."
Whatever blockchain networks are used for, Barr said the company plans to add new versions of the frameworks as they become available.
David Ramel is an editor and writer for Converge360.