Amazon Web Services (AWS) has introduced blockchain templates for Ethereum and Hyperledger Fabric, providing a fast and easy way to create and deploy secure blockchain networks with open source frameworks, the company announced on its website. Blockchain technology makes it possible to build applications where…
Amazon Web Services (AWS) has introduced blockchain templates for Ethereum and Hyperledger Fabric, providing a fast and easy way to create and deploy secure blockchain networks with open source frameworks, the company announced on its website.
Blockchain technology makes it possible to build applications where multiple parties can record transactions without the need for a central authority to ensure transactions are secure and verified. The transactions are immutable and independently verifiable.
The AWS templates allow users to deploy Ethereum and Hyperledger frameworks with certified AWS CloudFormation templates. Users can focus on building blockchain applications rather than spending time and energy on manual setup of their blockchain network.
Both Ethereum and Hyperledger Fabric offer distributed consensus algorithms, smart contract functionality and access control features.
The AWS templates deploy the blockchain framework the user chooses as containers on an Amazon Elastic Container Service (ECS) cluster, or directly on an EC2 instance running Docker.
The user creates the blockchain network in their own Amazon VPC, allowing them to use their network Access Control Lists and VPC subnets. They can assign granular permissions using AWS IAM to restrict which resources an Amazon EC2 instance or Amazon ECS cluster can access.
Users can visit the “getting started” page to begin using AWS Blockchain Templates. There is no additional charge for using the templates. The user only pays for the AWS resources they need to run their blockchain network.
Blockchain networks can be deployed in any public AWS region.
AWS has partnered with financial institutions and blockchain companies to boost innovation and support frictionless experimentation. In 2016, AWS announced a partnership with Digital Currency Group on a platform that to allow companies to experiment with blockchain technology
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Last modified: May 20, 2020 8:51 PM UTC