Why Amazon Chose Ethereum?

Ethereum’s Blockchain is preparing to enter the Amazon Web Service (AWS) Blockchain. This development could soon make it a new standard. Amazon is preparing to release a new tool that allows users to create and manage scalable Blockchain networks through public Blockchains such as Ethereum and special Blockchains such as Hyperledger Fabric.

Why Amazon chose Ethereum?

According to Amazon's April 30 press release, Amazon said that through the Managed Blockchain (AMB), businesses can now build a Blockchain network over Hyperledger Fabric. The Ethereum will also be available this summer.

AWS’s new tool will allow customers to build and manage a scalable Blockchain network in just a few clicks. Even simple APIs are provided for customers to rate memberships in their network, and a range of compute and memory capabilities to accommodate Blockchain applications.

According to Yahoo Finance, Amazon chose to support Ethereum's Blockchain because:

Ethereum is well suited for highly distributed Blockchain networks where data transparency is important to all members. A customer loyalty network that allows any retailer on the network to independently verify the effectiveness of a user in all members to use the benefits of Ethereum.

Amazon Web Services is the world's most comprehensive and widely adopted cloud platform used by customers like Apple, who spend over $ 30 million a month on AWS. Therefore, this summer is a very positive development in adopting the fact that Ethereum will be included in AWS, and Ethereum’s Blockchain can become a standard for public Blockchain networks.

As previously reported by the IIB, Ethereum is unstoppable on its way to becoming the world's leading Blockchain network by adapting to the real world on multiple fronts.



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