This development makes it easier than ever to operate and manage the infrastructure offered by Ethereum.
Businesses interested in taking advantage of Ethereum through Amazon Web Services now have this option, as Amazon announced that Ethereum is now supported by Amazon Managed Blockchain.
Amazon Managed Blockchain, which first appeared in 2018, is a fully managed service that enables users of Amazon’s cloud computing platform to set up and manage a customizable blockchain network in a simple way.
The service also eliminates the additional costs required to create a blockchain network and has the ability to automatically customize to meet the requirements of thousands of applications that perform millions of transactions.
For those unfamiliar with Ethereum, this is a popular, decentralized blockchain framework that creates a peer-to-peer (P2P) network, allowing participants to trade without a central authority. It is therefore offered for a number of popular uses, including decentralized financing (Defi, Decentralised Finance), i.e. a network of financial applications based on blockchain networks.
As various organizations create Ethereum-based applications, they often find that the operation and management of these infrastructures is a complex and time-consuming process, with the central issue being the reliability of the data, due to the de-synchronized nodes, the challenges arising from data scaling, and upgrades to Ethereum software.
Through the new features provided by AWS, its users can now simply support local Ethereum nodes in minutes and connect to Ethereum’s public, central network in order to test networks such as Rinkeby and Ropsten.
Amazon Managed Blockchain provides its customers with secure networking, encryption at all stages of data management, secure network access through Ethereum OPEN SOURCE APIs, fast and reliable synchronizations with Ethereum blockchain, and durable, flexible data storage services.
The blockchain service provided by the tech giant that listens to amazon also monitors the health of local nodes, replaces those who fail, and automates the process of upgrading Ethereum software to improve the availability of infrastructure created by Ethereum-based users.
In addition to decentralized funding applications, users who create transaction tracking tools and malware can also take advantage of this customizable and fully managed service through Amazon Managed Blockchain.
Ethereum via Amazon Managed Blockchain is already available in the following areas where Amazon Web Services is provided: Eastern USA (Northern Virginia), East Asia (Singapore, Tokyo, Seoul), and Europe (Ireland, London).