Amazon’s new venture for the development Blockchain based projects
The new product provides the users with already set blockchain frameworks that support Ethereum and the Linux Foundation's Hyperledger Fabric.
Blockchain works differently for transactions. It eliminates the need for a intermediary. Many startups and companies are applying Blockchain for their business solutions.
Sources states that Amazon earlier had reported $5.1 billion from Amazon Web Services.
Amazon is an e-commerce company. It headquarters stand with pride in Seattle, Washington. It was founded by Jeff Bezos. The website amazon.com has attracted approximately over 130 million customers in the beginning of 2016.