Amazon Managed Blockchain Description

Amazon Managed Blockchain is a comprehensive service designed to simplify the creation and management of scalable blockchain networks by utilizing well-known open-source frameworks such as Hyperledger Fabric and Ethereum. This technology enables the development of applications where various participants can carry out transactions independently, eliminating the necessity for a central trusted authority. Currently, establishing a scalable blockchain network with existing solutions is often intricate and challenging to oversee. Each participant in the network is typically required to manually set up hardware, install necessary software, generate and manage access control certificates, and configure various networking elements. With Amazon Managed Blockchain, scaling your blockchain network as application demand increases becomes a seamless process. If a member of the network needs more capacity to process and validate transactions, they can swiftly add a new peer node through Managed Blockchain's user-friendly APIs. Thus, this service not only streamlines the management of blockchain networks but also ensures that they can adapt efficiently to changing demands.

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Company Details

Company:
Amazon
Year Founded:
1994
Headquarters:
United States
Website:
aws.amazon.com/managed-blockchain/

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