A great debate exists over the upsides and downsides of centralization and decentralization in cryptocurrency and blockchain. With customers in mind, Amazon Web Services (AWS) decided to cater to both sides in its blockchain endeavors.
Clients And A Centralized Approach
For certain individuals, the part of decentralization may not be as indispensable for what it’s worth to different gatherings. AWS discovered that a few “customers wanted an immutable verifiable record of every change that had taken place, but they were okay with centralized trust,” AWS blockchain GM Rahul Pathak told me in an interview.
Taking into account this type of customer, AWS made Amazon Quantum Ledger Database (QLDB). “The thought is that you have a cryptographically verifiable, immutable, tamper-proof ledger that you can query and interact with, but that is owned by a single entity,” Pathak said. This type of solution is effective for “cases where you’d want to audit trails, but don’t care about distributed trust,” Pathak explained.
Customers And Decentralization
Addressing a crowd looking for a decentralized methodology, be that as it may, AWS likewise built the Amazon Managed Blockchain. This gathering of clients wanted the “record”, without one single player owning the task, Pathak clarified. “They wanted a decentralized trust model,” Pathak said. “There we saw the need to offer Managed Blockchain, and we truly center around the undertaking blockchain use cases for private and permissioned blockchains.”
To advertise with Brampton-News, please contact our advertising team here: Advertise with us.