AWS CEO Andy Jassy at re:Invent 2018 via Eric Hammond / Twitter

Amazon Web Services (AWS) announced Wednesday — midway through the AWS re:Invent 2018 conference in Las Vegas — that it has launched Amazon Managed Blockchain, a fully managed service that makes it easy to create and manage scalable blockchain networks using Hyperledger Fabric and Ethereum.

According to the announcement, the new service will allow clients to deploy blockchain networks in just a few clicks to run applications capable of conducting millions of transactions.

Amazon Managed Blockchain eliminates the overhead required to create the network, and automatically scales to meet the demands of thousands of applications running millions of transactions. Once your network is up and running, Managed Blockchain makes it easy to manage and maintain your blockchain network.

AWS is no stranger to blockchain platforms and has been active in partnering with notable cryptocurrency projects. Most recently, we reported that QTUM (QTUM), a platform for implementing plug-and-play smart contract bridging functionality from both Bitcoin and Ethereum, partnered with AWS to establish blockchain-as-a-service (BaaS) offerings through the AWS cloud.

For clients looking to deploy a blockchain network on AWS, they can do so today with Hyperledger Fabric — Ethereum availability is coming soon.

More: Introducing Amazon Managed Blockchain
Related: AWS Launches, Previews, and Pre-Announcements at re:Invent 2018
Photo: Eric Hammond / Twitter

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.