Welcome to NewsBit, your daily source of news in chewable bit. In this series, I will be posting short informative news we have scoured from the different places of the web. For my maiden article, it is about Amazon joining the Ethereum Blockchain Bandwagon.
As another milestone towards adoption of crypto currency and blockchain, Amazon has announced the availability of Ethereum on its Amazon managed blockchain.
With this integration,
- customers can easily provision Ethereum nodes in minutes and connect to the public Ethereum main network and test networks such as Rinkeby and Ropsten.
- they can get secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the Ethereum blockchain, and durable elastic storage for ledger data.
- customers, who are building analytical products such as smart contract monitoring tools and fraud detection software, can also benefit from this scalable, highly available, and fully managed Ethereum service on Amazon Managed Blockchain.