Amazon creates blockchain templates under Ethereum and Hyperledger Fabric
Now it will be easier to create a blockchain network thanks to Amazon Web Services, which allows you to create blockchain networks for Ethereum and Hyperledger Fabric, using simple templates.
New movement of Amazon towards the world of cryptocurrencies, in this case it has been Amazon Web Services (AWS) who has presented blockchain templates for Ethereum and Hyperledger Fabric, which allows to quickly and easily create and also implement secure blockchain networks through open source frameworks, as stated on the company's website. Blockchain technology allows transactions to be recorded without the need for a central entity, which further ensures that these transactions are secure and verified. These transactions are immutable and are verified independently.
These AWS templates will allow users to create structures for Ethereum and Hyperledger with templates that have been certified as AWS CloudFormation. Users will be able to develop blockchain applications in a simple way, instead of spending time and energy developing a blockchain network manually. Both Ethereum and Hyperledger Fabric, offering distributed consensus algorithms, smart contract functionalities, and access control functions.
AWS templates implement the framework on the blockchain that the user chooses through Amazon Elastic Service (ECS) cluster containers or directly through an EC2 instance running through Docker. The user's blockchain network is created in their own Amazon VPC, allowing the creation of a network access control list and VPC subnets. You can assign granular AWS IAM permissions for restricting the resources that can be accessed through an Amazon EC2 instance or Amazon ECS cluster.
Those users who want to start working on this system, should go to the Home page, to start using the AWS templates for blockchain. There is no charge for using these templates. Users only pay for AWS resources that are necessary to run the blockchain network. These networks can be deployed in any public AWS Region.
