What is Amazon Managed Blockchain?
Amazon Managed Blockchain is a fully managed blockchain service offered by Amazon Web Services (AWS) that makes it easier for developers and enterprises to create and manage scalable blockchain networks. The service handles much of the overhead associated with setting up and administering a blockchain network so developers can focus on building blockchain applications instead of managing infrastructure.
With Amazon Managed Blockchain, users can easily create blockchain networks using popular open source frameworks like Hyperledger Fabric and Ethereum. The service enables you to configure your network, manage certificates and permissions, and deploy network resources in a few clicks. Users can also easily invite other AWS accounts or organizations outside of AWS to join their networks.
Some key capabilities and benefits of Amazon Managed Blockchain include:
- Support for leading open source frameworks like Hyperledger Fabric and Ethereum
- Options to create public blockchain networks that anyone can join or private networks with selectively invited members
- Automatic scaling to meet application demands without any management overhead
- Secure storage and execution of smart contracts
- Integration with other AWS services like Amazon QLDB and Amazon KMS
- Compliance with industry standards and best practices
With Amazon Managed Blockchain's managed service approach, companies building blockchain-based applications and platforms can speed up development, reduce overhead costs, and focus engineering resources on core product differentiation rather than blockchain infrastructure management.