Blockchain on AWS

Shared ledgers for trusted transactions among multiple parties

Blockchain is a technology that makes it possible to build applications where multiple parties can record transactions without the need for a trusted, central authority to ensure that transactions are verified and secure.

Blockchain enables this by establishing a peer-to-peer network where each participant in the network has access to a shared ledger where the transactions are recorded. These transactions are by design, immutable and independently verifiable.

AWS gives you access to flexible and cost-effective resources to quickly deploy and experiment with blockchain networks in minutes, and pay only for what you use.

Blockchain capabilities

Distributed Trust

Multiple parties can transact with one another without having to know or trust each other.

Independently Verifiable

All transactions are attributable to one or more entities and each entity can independently verify these records.

Immutable

Transactions cannot be removed or altered.

Secure

Blockchain networks can be restricted to known parties, and can also limit what transactions each party can see.

Highly Available

Blockchain networks are decentralized and do not have a single point of failure.

Why blockchain on AWS?

Agility

Quickly get started with blockchain. Spin up and spin down resources as you rapidly iterate in the cloud.

Flexibility

Experiment with your choice of blockchain frameworks such as Ethereum, Hyperledger Fabric, Corda, and partner solutions for your industry.

Pay-as-you-go

Consume services as you need them and only for the period of time you use them. AWS has no upfront fees, termination penalties, or long term contracts.

Secure

Control access to your AWS resources with granular permission polices. All resource activity is logged in AWS CloudTrail.

Deploy blockchain quickly

AWS Blockchain Templates
AWS Blockchain Templates provides a fast and easy way to create and deploy secure blockchain networks using the popular Ethereum and Hyperledger Fabric open source frameworks. These are AWS CloudFormation templates that automate the creation and configuration of blockchain networks on Amazon EC2 or Amazon ECS. Get started now.

AWS Partner Solutions
AWS Technology and Consulting partners offer a rapidly growing selection of blockchain and distributed ledger solutions with support for multiple open-source frameworks. 

Customers

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T-Mobile is building a digital identity and authentication platform on AWS with Sawtooth, a blockchain technology from the Intel Hyperledger project. T-Mobile leverages Intel Sawtooth along with AWS services including Amazon EC2, Amazon S3, Amazon Lambda, and Amazon ECS to power this solution.
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PwC has been working with Guidewire, one of the world’s leading insurance platform providers, to make the bordereau process more efficient. They use a blockchain-based smart contracts solution to auto-approve claims and trigger payments, removing the need for manual intervention, and differentiating their product in the insurance market.

Use cases

Supply Chain

Blockchains can serve as an immutable data source to track goods through their lifecycle from raw material to the field, and to facilitate transactions involving these goods with their customers and dealers via smart contracts.

Financial Transactions

Blockchain networks enable multiple parties to directly transact without requiring a central authority. This has the potential to increase the efficiency of clearing, settlement, cross-border payments, and other financial transactions that typically require an intermediary.

Identity and Compliance

Blockchain networks can be used to track identities and maintain compliance. The data in a blockchain is transparent and immutable which enables auditors to verify transactions independently and protect against internal security threats.

Insurance

Blockchain based smart contracts can auto-approve claims and trigger payments, removing the need for manual intervention. This has the potential to automate claims management processes, reduce errors, and reduce fraud by verifying customers, policies, and claims.

Healthcare

Healthcare organizations are looking at blockchain solutions to improve data sharing across various entities in healthcare. This can help improve patient wellness, reduce fraudulent billing, lower administrative costs, and manage provider credentials and affiliations.

Learn more about AWS Blockchain Templates

Visit the AWS Blockchain Templates page
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