On Wednesday, November 28th, Amazon announces its two newest blockchain projects - the Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain.

The official press release comes after Amazon’s recent win of patents related to the improvement of data storage and digital signature integrity protection, making the platform even more secure than before.

QLDB is a scalable ledger database. It will provide a centralized and transparent log of transactions, which are immutable and crypto variable. The new platform records all changes on the chain and is able to perform up to 3 times more transactions than existing products. The CEO of Amazon Web Services (AWS) - Andy Jassy, said that with QLDB “you’ll have a much more flexible and robust set of APIs” and on the official website of the product, Amazon describes it as such:

“With QLDB, your data’s change history is immutable — it cannot be altered or deleted — and using cryptography, you can easily verify that there have been no unintended modifications to your application’s data.”

The second product launch by Amazon – Amazon Web Services Managed Blockchain – enables adjustment and management of a scalable blockchain network. Its automatic scaling depends on the requirements of specific apps and is used to manage certificates, invite new users and trace a number of metrics, including memory, storage resources, and computer usage. 

Another product in connection to AWS was also launched earlier in November. Amazon partnered with Consensys startup Kaleido for the development of Kaleido Marketplace – a platform that provides a full stack of protocols and other tools for blockchain implementation. It reportedly eliminates 80 percent of the custom code, assisting with both back-end and front-end, facilitating the process, and aiding businesses in the adoption of the blockchain technology.

Blockchain Amazon Quantum Ledger Database Managed Blockchain Blockchain technology

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