• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Amazon Steps Up Blockchain Game: Expands Managed Services

Simon Osuji by Simon Osuji
July 27, 2023
in Business
0
Amazon Steps Up Blockchain Game: Expands Managed Services
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Blockchain technology has gained significant recognition as an important and innovative technology in recent years. Despite facing initial challenges with adoption and recognition, its perception has gradually evolved.

Various firms and government institutions are increasingly exploring blockchain technology for diverse purposes. Back In January, the e-commerce giant partnered up with Avalanche to ramp up its blockchain adoption.

Also read: Canada Discloses Rules Governing Crypto Assets in Financial Institutions

Now, according to the details from the latest announcement, Amazon has expanded its Amazon Managed Blockchain, to ramp up the availability of access and query functions.

Amazon Halts Hiring Amidst Rising Economic Concerns
Source: The Economic Times

Amazon made the announcement during the Blockchain summit

AMB Access, the latest offering from AMB, introduces an extended range of node services that ensure serverless and scalable access to blockchains. Additionally, by utilizing standard remote procedure calls, developers gain the ability to interact with digital assets and distributed applications across various blockchains without the need for dedicated infrastructure.

Also read: Billionaire Tim Draper Says Bitcoin Will Rise Above Fiat

The service’s initial focus is on supporting the Bitcoin network. Additionally, AMB Query is designed to grant developers access to blockchain data from multiple chains, starting with Bitcoin and Ethereum. Users can benefit from a flexible, pay-as-you-go pricing model for the service.

According to Saman Michael Far, VP of Financial Services Technology at AWS, Amazon Managed Blockchain Access and Query offer seamless access to blockchain networks and their data, simplifying the process for developers to create their Web3 applications.

Source link

Related posts

Red Tape, Rising Costs: Why the Tobacco Bill Risks Harming Retailers and Consumers

Red Tape, Rising Costs: Why the Tobacco Bill Risks Harming Retailers and Consumers

February 14, 2026
Is XRP A Lost Cause? Why Did XRP Fail And Panic Selling

Is XRP A Lost Cause? Why Did XRP Fail And Panic Selling

February 14, 2026
Previous Post

Vodacom’s Tribute to YeboGogo’ Campaign Star, Professor Kole Omotoso – IT News Africa

Next Post

$29m Beeple sculpture goes on display at Crystal Bridges Museum of American Art

Next Post
$29m Beeple sculpture goes on display at Crystal Bridges Museum of American Art

$29m Beeple sculpture goes on display at Crystal Bridges Museum of American Art

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Using liquid metals to synthesize high-entropy alloy nanoparticles

Using liquid metals to synthesize high-entropy alloy nanoparticles

3 years ago
Patrick Bongoy, Ange Dakouo and Ozioma Onuzulike Shortlisted for the Loewe Foundation Craft Prize

Patrick Bongoy, Ange Dakouo and Ozioma Onuzulike Shortlisted for the Loewe Foundation Craft Prize

2 years ago
Coinbase Receives Full Operating License in Singapore

Coinbase Receives Full Operating License in Singapore

2 years ago
Federal Reserve to Take ‘Slow and Steady’ Approach to CBDC

US Congressman Introduces Bill to Ban FED Creating a CBDC

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.