Updated: November 24, 2020 
Introduction
Amazon’s cloud computing platform subsidiary, Amazon Web Services after announcing that they were launching a managed blockchain service late last year, is now opening that service for general availability. Amazon specifically states that AMB can scale to support thousands to millions of transactions. The retail giant further adds that the Blockchain-as-a-Service (BaaS), will allow the businesses to develop their networks quickly and that also at a lower cost by eliminating the need “to provision hardware, install software, create and manage certificates for access control, and configure network settings.”
Rahul Pathak, General Manager of Amazon Managed Blockchain at AWS says:
“Amazon Managed Blockchain takes care of provisioning nodes, setting up the network, managing certificates and security, and scaling the network. Customers can now get a functioning Blockchain network set up quickly and easily, so they can focus on application development instead of keeping a Blockchain network up and running.”
Amazon Managed Blockchain is a fully managed service that makes it easy to create and manage scalable Blockchain networks using the popular open-source frameworks Hyperledger Fabric and Ethereum.
The announcement further states that major firms that have put into effect the AMB include the United States communications giant AT&T, the Nestle global food and beverage company, and Singapore exchange limited. AMB was announced by AWS in November 2018 along with the Amazon Quantum Ledger Database (QLDB) which is a fully managed ledger database created to provide users with a transparent, immutable, and cryptographically verifiable log of transactions which is controlled by a central authority.
Frequently Asked Questions
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1
How do I choose a trustworthy app development company?
Here are a few things to remember to choose a reliable mobile app development partner:- Choose a partner that cares about its clients.
- Never compromise on technology experience and domain expertise.
- Check out your development partners’ portfolios, customer testimonials, and references.
- Observe how they approach communication and how much they pay attention to your vision.
- Ask the right questions to help you choose easily.
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2
Why is India preferred for app development outsourcing worldwide?
Here are a few reasons why India is one of the preferred outsourcing destinations:- The average outsourcing charges in India are $18 – $40, which is way more affordable than in developed countries like the USA, $38 – $63.
- India has a large pool of native-English speakers who’re highly proficient in their work.
- With an Indian outsourcing partner, you can access 24×7 support and specialized IT talent.
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3
How much time does it take to develop an app?
Depending on the complexity of a mobile app, it can take several weeks to several months to develop it. An app like Uber takes around 1200 hours to develop. On the other hand, a dating app like Tinder can be developed in 1000 hours. -
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Freelancers vs. app development company – which one is better?
Pricing-wise, freelancers appear to be more affordable. However, they offer no accountability for your mobile app. You can’t hold them accountable if the app doesn’t turn out to be as expected. On the other hand, an app development agency takes complete responsibility for your mobile app. Hence, an app development agency is better than a freelancer.
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