Blockchain, Featured

Blockchain Technology Based Projects Enhance Amazon Web Services With Apt Tools

Amazon Web Services is going to bring in a major shift with the addition of a private blockchain technology in their systems. This private integration has been developed by JP Morgan alums that struck out from the multi-national to create something of their own which is called Kadena. The most unique feature of Kadena’s blockchain service is that it has immense capabilities in terms of scalability and security which can handle about 8,000 transactions per second across 500 nodes while a simple Ethereum blockchain can make around 15 transactions per second.

The blockchain service is free for use in the Amazon Web Services marketplace which is also dubbed as ‘Kadena Blockchain for Enterprise, ScalableBFT: Community Edition’. As of now, it can perform 2,000 transactions per second with the availability of four nodes per user. However, there is a paid version also which will increase the transactions up to 8,000 per second.

Interestingly, this is not the debit of blockchain service on AWS as there are already some of the blockchain technology networks available. But Kadena’s approach will remain restricted to their integration with the cloud-based applications and related services.

Kadena’s co-founder Stuart Popejoy stated that there is increased adoption of blockchain lately in a variety of domains that needs apt tools which address the challenges of scalability and security. He further added that Kadena on AWS is free to be used by smaller projects and therefore now they are looking forward towards larger enterprises, as mentioned by Fortune.

Amazon And Blockchain

According to Bitcoinist, apart from Kadena, Kaleido is another startup that has helped Amazon Web Sevices for onboarding blockchain. Their aim is to help enterprises in the implementation of blockchain technology and therefore they launched a platform for the same on Amazon. They both have collaborated to form an easy way so that businesses can take advantage of this amazing technology.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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Neha graduated in Electronic Media and has worked with Times group for 3 years with an overall experience of 6 years. She is passionate about learning languages and is a certified French Language Expert and IELTS Trainer. Neha writes breaking cryptocurrency news stories for OWLT Market.

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