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Thursday, March 04, 2021

AWS Enhances Amazon Managed Blockchain with Ethereum support

 This is interesting because it incudes ethereum support for Smart Contracts, being examined here.

AWS Enhances Amazon Managed Blockchain with Ethereum support  By Maria Deutscher  in SiliconAngle

Amazon Web Services Inc. has launched an enhanced version of its Amazon Managed Blockchain service that features support for the popular Ethereum blockchain platform.

Launched in 2015, Ethereum is the basis of Ether, the second most valuable cryptocurrency after Bitcoin by market capitalization. The blockchain platform features a technology known as smart contracts that makes it possible to automate tasks such as transferring funds.

Over recent quarters, the value of Ether has soared amid a surge of investor interest in cryptocurrencies. Meanwhile, enterprises such as insurance giant Aon PLC have started exploring ways of applying Ethereum’s smart contracts for tasks such as streaming the insurance underwriting process.

The new Ethereum support in Amazon Managed Blockchain, announced quietly Tuesday, will enable AWS to support such use cases for its customers. Amazon Managed Blockchain is a service launched in 2019 that allows companies to set up and run blockchain infrastructure. It abstracts away much of the technical heavy lifting involved in the task to simplify operations for customers.   ... "

https://ethereum.org/en/developers/docs/smart-contracts/

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