Amazon has announced plans to launch a variety of new blockchain-focused products.
At the company’s re:Invent conference in Las Vegas, AWS CEO Andy Jassy described the importance of these products stating,
“this is something that a lot of companies need.”
With Amazon Managed Blockchain, users will be able to create blockchain networks with “just a few clicks.” According to Amazon, their goal is to simplify the “complex” process of developing blockchain networks for its users. Additionally, the company also announced Amazon Quantum Ledger Database (QLDB), which was developed to provide users with the tools necessary to replicate and analyze their blockchain network activity.
With these new developments, Amazon joins companies like Facebook and Microsoft, which have begun experimenting with blockchain. For instance, retail giant Walmart is already using the technology in order to ensure food safety in their stores. Additionally, U.S. Centers for Disease Control and Prevention announced their plans to implement blockchain solution to prevent future E. coli outbreaks nationwide. Although some might still believe wide utilization of blockchain is ‘years’ away, the interest in the technology from both corporate giants and government agencies clearly shows that the global, mainstream market for blockchain is already here.
Blockchain Insights
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