Home / Crypto News / Amazon announces two block chain services such as “Quantum Ledger Database (QLDB)”!

Amazon announces two block chain services such as “Quantum Ledger Database (QLDB)”!

Amazon made a presentation of new services using the two block chains “Quantum Ledger Database (QLDB)” and “Amazon Managed Blockchain” at the end of November.

QLDB is a fully managed ledger database that allows you to manage change logs to QLDB if you are developing applications that record economic and financial activities within your organization.

As the use case of QLDB seems to be “finance” “manufacturing industry” “personnel and salary” “insurance” “retail & supply chain” .

AWS Managed Blockchain is a block chain network service, it seems that it is possible to easily construct a block chain network with several clicks using Hyperledger Fabric and Ethereum (Ethernet).

It seems that the service can also copy block chain network activity to QLDB.

Examples of the use of this service include “Transaction and Asset Transfer”, “Retail”, “Supply Chain”, etc.

Many organizations need to cooperate with each other in transactions, but using Managed Blockchain seems to make it easy to create a block chain network that can electronically trade and process business related documents.

The retailer group can easily implement block chain networks that can quickly and transparently share and verify compensation information without the need for a central agency handling remuneration transactions between retailers. As for the supply chain, if it is necessary to certify the origin of a jewelry store, for example, it seems that you can quickly implement block chains throughout the supply chain.

Article Source: Amazon

This is expected service. It’s still pre-release but I’m looking forward to it.

Author: Yush [Coin Desk News] – Source Post: https://crypto-times.jp/amazon-blockchain-aws/

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