Did you know that Internet-of-Things and Blockchain working together to make the world a better-connected place? Internet-of-Things may sound vague and opaque. However, that’s the best thing i.e. exploding this industry. To clarify, the Internet-of-Things (IoT) is a generalized term that explains how a smart device communicates with another. Firstly and most importantly, IoT is […]
Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN) has announced the general availability of Amazon QLDB i.e Quantum Ledger Database. The fully-managed service provides a high-performance, immutable, and cryptographically verifiable ledger for applications that need a central trusted authority…
Finally, Amazon acquires a patent for its cryptographic system which it filed way back in 2016. This system will incorporate the proof-of-work (PoW) algorithm. The patent plea was approved by the U.S. Patent and Trademark Office (USPTO) on the 14th of May. The document says one can generate the Merkle trees as a solution to […]
Amazon has announced the launch of two new blockchain services, namely Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. QLDB is a ledger database that provides transparent and immutable log of transactions. Whereas, AWS Managed Blockchain is another auto-scalable product that allows users to manage a scalable blockchain network.