Amazon Creates New Blockchain Service

Amazon's newest technology competes with the likes of IBM and Oracle.


Amazon Web Service announced Blockchain Templates, a blockchain service that competes with products similar to Oracle and IBM. 

The e-commerce giant's move towards the technology displays how eager companies are to ahead of the trend.

Blockchain Templates can help create and deploy secure blockchain networks using popular open source frameworks, enabling businesses to focus on building blockchain applications instead of spending time on manual setup.

AWS Blockchain Templates use the framework you choose as containers on an Amazon Elastic Container Service or on an EC2 instance running Docker and creates your own Amazon VPC. Companies can then use VPC subnets and network access control lists. At this time, there is no additional charge for Blockchain Templates. 

the announcement comes just six months after Oracle launched its cloud service and a year after IBM announced its on blockchain service.