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Amazon’s Blockchain templatesBy Swati Keswani | April 26, 2018, 2:18 p.m. GMT
Templates have always made our lives easier, be it message templates, ppt templates or Android studio templates. Now Amazon has come up with a very exciting concept of Blockchain templates. If you think coding is not your cup of tea, but still curious to code on Blockchain, then these templates are made just for you. These AWS Blockchain templates are a new way for anyone to start coding and creating Blockchain based Apps or DApps.
According to the vice president - Jeff Barr of AWS, it is just a matter of minutes for interested parties to launch a Blockchain based on either Ethereum or Hyperledger Fabric. He wrote in one of his articles “Some of the people that I talk to see blockchains as the foundation of a new monetary system and a way to facilitate international payments. Others see blockchains as a distributed ledger and immutable data source that can be applied to logistics, supply chain, land registration, crowdfunding and other use cases,”. “Either way, it’s clear that there are a lot of intriguing possibilities and we are working to help our customers use this technology more effectively.”
Blockchain as a Service (BaaS):
No doubt Blockchain has a lot of potential for any industry you pick, but great potential comes with great complexities. This complexity factor of Blockchain has kept a lot of businesses far away from adopting Blockchain despite all of its benefits and efficiency.
In order to resolve this issue, B-a-a-S came into the picture, The Baas model allows outsourcing the operational work based on Blockchain, which helps the businesses to focus on their core business activities.
Baas is very similar to a software as a service model, where you can rent Blockchain from a Blockchain hosting provider. The provider takes care of Blockchain getting started, deployed and configured within minutes.
To read more about Blockchain as a Service click here.
Amazon’s Blockchain Templates:
With the help of these Blockchain Templates, anyone can setup private Ethereum or Hyperledger Fabric networks instantly. These templates are certified to work as the open-source framework. Deployment and configuration of Blockchain will become quick and easy with it. These templates will help businesses create their own framework of a decentralized network as per their choice. Blockchain implementing parties can also select distributed consensus algorithms and access controls as per their choice and need. These templates would also help in creating other products like smart contracts, apps and permission and access controls that are essential for smooth transactions.
AWS Blockchain templates come with tools that are necessary for easy management, real-time browsing, and monitoring of their hosted Blockchain networks. Similar to the SaaS model, these AWS templates will be charged on Pay-as-you-go basis, where the clients will be charged only for the services and resources used.
Like any other self-hosted or self-operated Blockchain, Baas will soon make its hold across a variety of industrial applications.