Thanks to the tech company Blockchain Technology Partners (BTP), Customers can now integrate smart contracts on Amazon AWS’ Quantum Ledger Database (QLDB). BTP unveiled the general availability of its DAML incorporation, accessible through its Sextant for DAML platform, allowing those working with Amazon’s QLDB to harness smart contracts on the platform, according to a Feb […]
Fold, the US-based bitcoin payments startup now initiates (LN) Lightning Network payments at many prominent retailers. It includes Amazon, Starbucks, Uber, Home Depot, REI, Southwest Airlines, Target, AMC, and others. It will enable the users to spend cryptocurrency at these platforms.
Amazon, the E-commerce mammoth is going to launch a Blockchain Pension Management System. It has teamed up with UK’s insurance firm Legal & General. As the name suggests the system will manage the pension-related transactions of retired corporate employees. Amazon Web Services will develop the blockchain platform for the insurance company. Those corporate entities that […]
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.
Bank of America has suggested that the use of Blockchain Technology can serve as a major breakthrough platform for companies like Microsoft, Amazon and Oracle. The bank published the list of other similar companies during the 4th Annual America – Digital Latin American Congress of Business and Technology.