The stock of Amazon.com, Inc (NASDAQ:AMZN) closed at $1,527.49 losing 1.89% in yesterday’s trading session. This company’s cloud computing arm Amazon Web Services has proceeded to unveil a new service. It is a sort of service that will facilitate the unveiling of top-line blockchain networks for the Hyperledger and ethereum Fabric protocols.
It was on Wednesday that Jeff Barr, who happens to be the chief evangelist of AWS proceeded to outline through his blog post that the newly available “templates” would be moving quite a long way helping the various clients unveil a Hyperledger Fabric (private) or an ethereum (either public or private) network in a matter of minutes, which was to be done by just a few clicks.
A person well conversant with the matter but who wanted his identity kept anonymous has moved ahead to say that the templates created as well as configured all of the AWS resources required to get one going in what is deemed by many a scalable and robust fashion.
That particular post provided elaborate instructions for coming up with an ethereum template that supported an EthStats page. It was about the delivery of an EthExplorer tool that was able to display the smart contracts and transactions entered into the ledger.
The long and short of it is that AWS is fundamentally a fast-growing segment of Amazon’s business which according to trusted sources witnessed a rise in sales of up to 43 percent in 2017 and 55 percent in the previous year.
One point worth noting is the fact that at the moment the division is staging fierce competition to several tech gurus’ cloud computing arms, one of them being the Microsoft Azure. It was a short while back that Microsoft Azure proceeded to showcase its early interest in the provision of blockchain as a service. It had proceeded to strike a collaboration with ConsenSys which happens to be an ethereum startup.
Quite a significant number are closely watching to see what unfolds in the near future.