Saturday, 17 November, 2018

Amazon Web Services Launches New Blockchain Templates

Amazon Web Services launches 'blockchain templates&apos Amazon Web Services Changing the Scope for hyperledger and Ethereum
Orlando Vargas | 23 April, 2018, 22:37

This company's cloud computing arm Amazon Web Services has proceeded to unveil a new service.

The blockchain template for Hyperledger Fabric creates an EC2 instance with Docker and launches a Hyperledger Fabric network using containers on that instance.

Amazon's entry into the blockchain space, alongside IBM, will doubtless persuade many more organisations - of every size - to experiment with the technology. The new technology would allow clients to build and manage their own blockchain-powered applications (DAPPS) via the AWS CloudFormation Templates tool to avoid the time-consuming manual setup of their Blockchain network.

AWS Blockchain Templates provide a fast and easy way to create and deploy secure blockchain networks using popular open source frameworks. Blockchain enables this by establishing a peer-to-peer network where each participant in the network has access to a shared ledger where the transactions are recorded. "Others see blockchains as a distributed ledger and immutable data source that can be applied to logistics, supply chain, land registration, crowdfunding and other use cases", Barr wrote. "Either way, it is clear that there are a lot of intriguing possibilities and we are working to help our customers use this technology more effectively", he added.

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With the templates, users can launch a public or private Ethereum network, while Hyperledger Fabric networks are only available as private, the release said. You pay only for the resources required to run your blockchain network. In addition to Blockchain Templates, AWS is also investing in blockchain through its partner ecosystem and infrastructure services.

"Hyperledger Fabric is a blockchain framework implementation and one of the Hyperledger projects hosted by The Linux Foundation", its site says.

"The ecs option creates an Amazon ECS cluster within a Virtual Private Cloud (VPC) and launches a set of Docker images in the cluster".

In a blog post about how to use Blockchain Templates, AWS vice president and chief evangelist Jeff Barr acknowledged the lack of clarity by referencing a 1970s "Saturday Night Live" sketch about Shimmer Floor Wax, a floor polish that is also a non-dairy dessert topping.

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