UPDATED 21:44 EST / APRIL 30 2019

BLOCKCHAIN

AWS opens the doors of its managed blockchain service to the public

After releasing two blockchain services in preview in November, Amazon Web Services Inc. today announced the general availability of Amazon Managed Blockchain.

A fully managed service, Amazon Managed Blockchain allows customers to set up a blockchain network quickly that spans multiple AWS accounts with a few clicks in the AWS Management Console, according to the company.

Pitched as a service that makes it easy and cost-effective for customers to create and manage secure blockchain networks that can scale, it overcomes the need for each member of the blockchain network to provision hardware and install software by centralizing the requirement on the Amazon cloud.

As opposed to the more cumbersome traditional blockchain setup, Amazon Managed Blockchain customers simply to choose their preferred framework, add network members and configure the member nodes that process transaction requests.

Behind the scenes, Amazon facilitates the rest, including creating the blockchain network, configuring the software, security and network settings.

Speaking to SiliconANGLE’s theCUBE in December, Rahul Pathak, general manager of Amazon Managed Blockchain at AWS (pictured, left), explained that “in scenarios where customers really wanted the decentralized trust and smart contracts, that’s where blockchain frameworks like Hyperledger Fabric and Ethereum play a role. But they are just super complicated to use, and that’s why we built Amazon Managed Blockchain — to make it easier to stand up, scale and monitor these networks so customers can focus on building applications.”

Despite only becoming publicly available today, the service has found a willing audience during its preview period.

At launch, customers using Amazon Managed Blockchain include global food giant Nestlé S.A. which is using the service to facilitate supply chain tracking, and the Singapore Exchange Ltd., which is working with AWS to move its existing investments in Hyperledger Fabric to Amazon Managed Blockchain.

AT&T Inc. is also supporting Amazon Managed Blockchain at launch, offering it to customers alongside its existing suite of blockchain solutions.

While publicly available today, the service launches with some limitations. Only Hyperledger support is available at launch, with support for Ethereum to follow. The service is also only available at this time from the AWS US East (N. Virginia) region but will be expanded to additional regions in the coming year.

Photo: SiliconANGLE

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