Amazon Presents Its Quasi-Blockchain Solution, Platform for Ethereum and Hyperledger Fabric

On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per se.

As per Amazon’s website, QLDB is a ledger database designed to provide “transparent, immutable and cryptographically verifiable log of transactions,” which is overseen by “a central trusted authority.”

Reference: https://cointelegraph.com/news/amazon-presents-its-quasi-blockchain-solution-platform-for-ethereum-and-hyperledger-fabric

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