Companies interested in working with Ethereum on AWS can do so now, as Amazon announced that Ethereum support is now generally available on the Amazon-managed blockchain.
First announced in 2018, Amazon Managed Blockchain is a fully managed service that enables users of Amazon’s cloud computing platform to set up and manage a scalable blockchain network with just a few clicks. The service also eliminates the overhead required to create a blockchain network and can be automatically scaled to meet the needs of thousands of applications running millions of transactions.
For strangers, Ethereum is a popular decentralized blockchain framework that establishes a peer-to-peer network that allows participants to conduct transactions without a trusted central authority. It enables a number of popular use cases, including DeFi (Decentralized Finance), a network of financial applications built on top of blockchain networks.
When businesses build Ethereum-based applications, it is often complicated and time-consuming to run and manage their Ethereum infrastructure as the data is reliable due to out of sync nodes, data scaling challenges, and time-sensitive Ethereum software upgrades.
Ethereum on Amazon Managed Blockchain
With the new launch of AWS, customers can now easily provision Ethereum nodes in minutes and connect to the main Ethereum public network to test networks like Rinkeby and Ropsten.
Amazon Managed Blockchain offers customers secure network, encryption in rest and transport, secure access to the network via standard open source Ethereum APIs, fast and reliable synchronization with the Ethereum blockchain and permanent elastic storage for general ledger data. The web hosting giant’s blockchain service also monitors node health, replaces faulty nodes, and automates Ethereum software upgrades to improve the availability of customers’ Ethereum infrastructure.
In addition to DeFi applications, customers who develop intelligent contract monitoring tools and fraud detection software can also benefit from this scalable and fully managed Ethereum service on Amazon Managed Blockchain.
Ethereum on Amazon Managed Blockchain is now in the US East (N. Virginia), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Seoul), Europe (Ireland), and Europe (London) AWS Regions ) available.