Amazon announced at Amazon’s re:Invent conference that they are launching the Amazon Managed Blockchain platform. Users can build platforms using either IBM’s Hyperledger Fabric (available) or Ethereum (not available yet).
In terms of crypto, this is bullish for Ethereum as you can’t do anything on the Ethereum network without paying a fee in ETH (meaning anyone using the Ethereum platform also needs ETH) and this is generally bullish for crypto tech… as it shows a real world example of big companies (Amazon and IBM) embracing blockchain technology.
Learn more about the the Amazon Managed Blockchain platform from Amazon.
- Amazon Managed Blockchain. Amazon.com.