|Nov 29, 2018 11:02 PM||By: Ben Noble | 1998 Views|
Today it is being stated that Amazon has announced two new blockchain associated products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain.
The first product, QLDB will be a centralized ledger to record transactions cryptographically. It appears to be built not unlike a blockchain but controlled by one government. It is made to be highly scalable and 2-3 times quicker than current blockchains. Amazon describe's it as so:
“With QLDB, your data’s change antiquity is permanent — it cannot be altered or deleted — and using cryptography, you can easily check that there have been no unintended changes to your application’s data.”
The other produce being touted is Amazon Managed Blockchain. This result can work in conjunction with QLDB to enable the user to manage their scalable blockchain while running track of key metrics like retention and CPU usage.
This indicates the first time Amazon has started blockchain powered results and looks to be a big step forward in bringing blockchain technology to the pieces. We will possibly see a rise in projects powered by Amazon's blockchain technology coming shortly!