AWS (Amazon Web Services) is arguably the most comprehensive cloud and computing services vendor in the market. Amazon offers a portfolio of over 125 services spanning segments including cloud, IoT, analytics, and more.
The most recent addition to their laundry list of services: Blockchain as a service.Amazon Responding to Enterprise Blockchain Demand
Amazon continues to be known as a customer-centric company, prioritizing their business to meet growing consumer demands. With the business value-add of blockchain technology expected to exceed $3.1 trillion by 2030 (Gartner), it’s easy to see why so many large tech firms are looking into providing blockchain solutions. Amazon recently announced a managed blockchain service in late November during its re:Invent 2018 conference. By doing so, they joined other cloud vendor services that providing blockchain nodes as a service for exploration of the technology. Amazon’s entrance is positive news for the blockchain ecosystem.
Previously, Amazon provided blockchain options to its customers by forging partnerships with firms such as R3 to provide templates and ConsenSys-tied Kaleido to offer a full stack blockchain SaaS, in addition to offering its own AWS basic blockchain templates earlier this year. With the announcement of its Amazon Managed Blockchain service, AWS is now taking its blockchain strategy one step further, joining firms such as SAP, ConsenSys, Microsoft, and IBM who have been exploring blockchain solutions over the last number of years.
IBM has developed its solution on top of the Linux Foundation’s Hyperledger Fabric and has been heavily investing in permissioned blockchains. In October, SAP released HANA, a cloud service that is deployed with SAP’s Leonardo blockchain. Another rival, Microsoft, recently released the Azure Blockchain Development Kit which provides click-through deployment templates for simple blockchain nodes and in...