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Don’t expect AWS to launch a blockchain service anytime soon

Bitcoin is also attaining for brand new heights, however don’t expect AWS to launch a service that’s in line with the underlying blockchain era anytime soon. During a press convention at AWS’ annual re:Invent convention in Last Vegas, AWS CEO Andy Jassy took a query on his crew’s plans for a blockchain service.

Jassy appeared the rest however enthused concerning the prospect. In his view, there aren’t a lot of use circumstances of the blockchain “beyond the distributed ledger.” He additionally wired that AWS doesn’t “build technology because we think it is cool.”

In his view, there are many different ways to remedy the issues that blockchain era objectives to remedy, too, and that most of the dispensed ledgers to be had presently stay very restricted of their functions.

Still, he allowed for some room to paintings on a blockchain product sooner or later: “We are very intrigued by what customers are ultimately going to do there,” Jassy stated.

AWS competition like Microsoft and IBM appear to really feel extra bullish about blockchain services and products and dispensed ledgers. Over the process the previous couple of months, we’ve observed a collection of them launch each blockchain services and products and pilot tasks with a collection of their shoppers. For the time being, despite the fact that, it doesn’t seem like Amazon plans to sign up for this team.

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