Amazon has quickly followed Chinese tech giant Huawei, and others, in offering blockchain-powered services as part of its cloud computing platform.
Last week saw retail and tech giant Amazon launch its ‘AWS [Amazon Web Services] Blockchain Templates’, giving its users pret-a-porter frameworks on which to build their own services. It’s range currently features two major options regarding which system to use, with a choice between the Linux Foundation’s Hyperledger Fabric – a la Huawei – or Ethereum.
The company, which reports its financial results later in the week, reeled in $5.1 billion on revenue from its AWS division in the last quarter of 2017 – according to MSNBC, that compares to IBM, one of the leaders in Enterprise blockchain, which reported $5.5bn in cloud revenue.
In a witty ‘Getting Started’ blog post, Amazon’s Jeff Barr – the company’s chief evangelist for AWS – compares blockchain to a classic Saturday Night Live sketch.
“Many of today’s discussions around blockchain technology remind me of the classic Shimmer Floor Wax skit. According to Dan Aykroyd, Shimmer is a dessert topping. Gilda Radner claims that it is a floor wax, and Chevy Chase settles the debate and reveals that it actually is both!
“Some of the people that I talk to see blockchains as the foundation of a new monetary system and a way to facilitate international payments. Others see blockchains as a distributed ledger and immutable data source that can be applied to logistics, supply chain, land registration, crowdfunding, and other use cases. Either way, it is clear that there are a lot of intriguing possibilities and we are working to help our customers use this technology more effectively.”
You can read all about how to implement Amazon’s new service in Barr’s post, here.