Amazon Web Services (AWS’) Managed Blockchain Service Now Available for Wider Use

Amazon Web Services (AWS), owned Managed Blockchain service is now available for a wider usage amongst enterprise clients.

AWS’ Managed Blockchain service Now Has Major Clients

The Managed Blockchain service which was launched in November 2018 is now been used by major enterprise players like clients, AT&T, Nestle, and Accenture.

The e-commerce giant’s cloud computing arm is designed to allow clients to develop and manage blockchain network easily making use of open-source frameworks like Hyperledger Fabric. It is also well known to offer one of the cheapest alternatives right now.

Before getting released for wider use, clients need to apply for approval from the AWS before they can access this service. As such the service is only available in “preview, ”.

AWS’ chief evangelist, Jeff Barr has also confirmed that the service is no longer in the preview stage and is now available for general production use.

Barr added that: “You can create your [blockchain] network in minutes. You can manage certificates, invite new members, and scale out peer node capacity in order to process transactions more quickly.”

In its announcement, AWS made it clear that it is still working on a Support for the ethereum network and is expected to be made available later this year.

Service Limited to a Region

As of now, the service is only available in AWS’ U.S. East (Northern Virginia) region. More regions are expected to get activated before the end of “2020”

Commenting on the significance of this move, Nestle Oceania’s digital technology manager, Armin Nehzat, said:

“With Amazon Managed Blockchain, we are able to set up our Hyperledger Fabric network and easily invite our partners to collaborate in our supply chain transparency efforts. Amazon Managed Blockchain will enable our customers to track their products on the blockchain from the farm all the way through to consumption.”