- Amazon has improved the functionality of its AMB service.
- Developers will have quick access to blockchain networks.
- The service will support bitcoin.
Amazon’s marketplace will develop Web3 infrastructure with its AMB Access and Query services. Amazon’s new development vector was announced during the two-day AWS Summit in New York, Coindesk reports.
Amazon Managed Blockchain (AMB) is a fully managed service that helps build scalable blockchains. Enterprises looking to build a private network can do so using the open source platforms Ethereum and Hyperledger Fabric.
Amazon Web Services (AWS), the largest cloud provider in the world, has begun integrating with AMB in 2019. The basic functionality of the platform has been enhanced with the introduction of serverless scalable blockchain access. Developers will now be able to interact with digital assets and applications across multiple networks without deploying specialized infrastructure.
The service will initially support the bitcoin network. AMB Query will give developers access to the data through an API.
“Our platform provides seamless access to blockchains and their data. So developers can easily build Web3 applications,” said Saman Michael Far, vice president of financial services technology at AWS.
Amazon listed potential use cases for managed blockchains. These are primarily applications for storing digital assets and non-fungible tokens (NFTs). In addition, the service will be able to improve interaction with Web3 users, according to representatives of the Internet platform.In June, Fireblocks added support for Amazon Web Services and other cloud services. The US giant is also preparing to launch an NFT marketplace and is looking for Web3 employees for its cloud services.
The US giant is also preparing to launch an NFT marketplace and is looking for Web3 employees for its cloud services.