Amazon makes its blockchain technology available

September 13, 2019 | Blockchain

Written by FinTech Alliance

Amazon makes its blockchain technology available

Amazon Web Services has announced its centralised blockchain service, Amazon Quantum Ledger Database (QLDB) is now generally available.

In Brief:

  • QLDB is a fully managed service providing a cryptographically verifiable ledger.

  • Customers will be able to store structured and unstructured data.

  • The tech has been in development for some time, having been announced at 2018’s AWS re:Invent conference.

What does this mean?

Customers will be able to store and access a variety of data more easily, improving their ability to keep track of purchases made across various bank accounts – as well as information on the products they buy.

Read more here.

 

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