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Amazon Web Services won’t launch services based on Blockchain

Despite previous rumors, in the near future Amazon Web Services (AWS) will not offer services based on Blockchain.

02.Dec.17 12:41 PM
By Daria Zaytseva


Amazon Web Services won’t launch services based on Blockchain

CEO Andy Jassy made an announcement at the annual AWS re: Invent conference, held in Las Vegas in late November. Jassy presented his views on Blockchain technology, saying that there are limited uses for Blockchain "beyond the distributed ledger." He also confirmed the company's policy not to "build technology because we think it's cool."

According to Jassy, there are a number of other solutions to the problems that Blockchain has to solve. He stressed that the most of the distributed ledgers that are available so far have very limited opportunities.

However, Jassy has not completely closed the door to the opportunity of working on a Blockchain-based product in the future. He argued that they are interested in how Blockchain could benefit their customers.

Unlike AWS, competitors such as Microsoft and International Business Machines (IBM) are actively promoting projects related to Blockchain services and distributed ledgers. Over the past two months, these companies have launched several Blockchain services and pilot projects in collaboration with their customers.

AWS is a subsidiary of a large online store The company offers information technology infrastructure services in the form of web services for its customers. Among the products and solutions of the company - storage and delivery of content, cloud computing, databases, analytics, applications and mobile services.

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