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You are here: Home / News / Altcoin News / Ethereum Makes A Debut On Amazon’s Blockchain Service
Ethereum Makes A Debut On Amazon's Blockchain Service

Ethereum Makes A Debut On Amazon’s Blockchain Service

March 4, 2021 by Chayanika Deka

Amazon Web Services [AWS] service announced support for Ethereum out on ‘Amazon Managed Blockchain’. AWS happens to be the cloud computing platform offering a subsidiary out of the American multinational technology company.

What does Ethereum debut on Amazon’s “managed blockchain” mean?

With this roll-out, AWS clients will now be able to get the provision to Ethereum nodes in minutes as well as connect to the public Ethereum main network and test networks such as Rinkeby and Ropsten.

According to the official blog post, the e-commerce giant’s “managed blockchain”, existing customers of the platform is set to achieve secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the ETH blockchain, and strong elastic storage for ledger data.

It went on to add that,

“Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates ETH software upgrades, improving the availability of customers’ ETH infrastructure.”

The services will not be limited to decentralized finance [DeFi] applications. But customers will also be able to build analytical products like 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.

The release also revealed that Ethereum on Amazon Managed Blockchain is currently available across the following AWS regions: US East [N. Virginia], Asia Pacific [Singapore], Asia Pacific [Tokyo], Asia Pacific [Seoul], Europe [Ireland], and Europe [London].

Amazon’s tryst with blockchain-related services dates back to 2019. This was the first time when the platform gave its users initial access to blockchain networks, nodes, DApps, as well as smart contracts.

Besides, Amazon Managed Blockchain also happens to support another permissioned blockchain network called ‘Hyperledger Fabric’ that aimed at enterprise applications.

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Ethereum Makes A Debut On Amazon's Blockchain Service 3

According to the latest data available on Etherscan, there are more than 8,000 ETH nodes on the network. Around 34% of the total are concentrated in the US.

China is trailing behind with 6.71% while Japan has 2.76% and South Korea with 2.38%.

Ethereum nodes are increasingly becoming more and more widely spread out which is an advantage that the network has in terms of resilience.

Filed Under: Altcoin News, News Tagged With: Amazon, Amazon web services, Ethereum (ETH)

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