No one will be surprised to learn Amazon has taken a more than keen interest in blockchain technology and associated projects. In a recent blog post, the company announced AWS blockchain templates for both Ethereum and Hyperledger Fabric. It’s an interesting choice of projects to support, albeit one that also makes a lot of sense.
Amazon Doubles Down on Blockchain
It is not entirely surprising to learn Amazon has big plans for blockchain technology. Similar to how Microsoft offers blockchain template solutions through its Azure service, Amazon is doing the exact same with AWS. By adding blockchain templates for Hyperledger Fabric and Ethereum, the company has taken a rather interesting step.
AWS blockchain templates provide an easy way to create and deploy secure blockchain networks through open-source frameworks. They are good ways for individual developers and companies to deploy blockchain-based solutions and experiment with this innovative technology.
Considering how popular AWS is among corporations, these new templates could make a major impact on the blockchain industry as a whole. Whether or not there will be significant interest in these templates is a different matter altogether. After all, many companies consider blockchain to be in the very early stages of development. At the same time, now is a good time to experiment with this technology in a controlled environment.
Both Ethereum and Hyperledger Fabric are quite popular among blockchain developers. More specifically, Ethereum is used by hundreds, if not thousands, of projects that are building blockchain-based solutions. While not all of those projects will succeed in the long run, we’re also seeing a lot of banks turn to blockchain technology to develop new financial solutions.
As one would expect, these AWS templates can deploy a user’s blockchain framework of choice on an Amazon Elastic Container Service. Another option is to deploy the blockchain on an EC2 instance running Docker. Having both of these options at one’s disposal will make these blockchain templates greatly appealing to enthusiasts.
For the blockchain industry, having the support of Amazon can be considered to be a massive vote of confidence. With more and more major tech firms focusing on distributed ledgers and making the technology more accessible to consumers, things are heading in the right direction. The future is looking bright for blockchain, even though not every concept needs its own distributed ledger.
Source: Read Full Article