Amazon Presents Its Quasi-Blockchain Solution, Platform for Ethereum and Hyperledger Fabric
On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chosen over working with cryptocurrencies, per se.
The new projects that they going to change the crypto industry is a Cryptographic, but centralized database
As per Amazon’s website, QLDB is a ledger database designed to provide “transparent, immutable and cryptographically verifiable log of transactions,” which is overseen by “a central trusted authority.”