Amazon Expands Web3 Reach With Cloud Tools That Help Blockchain Developers

The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.

AccessTimeIconJul 27, 2023 at 1:00 p.m. UTC
Updated Jul 27, 2023 at 8:02 p.m. UTC
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Amazon (AMZN) added new tools to Amazon Web Services, the world's largest cloud platform, designed to make it easier for developers to build blockchain-based Web3 software.

Tools called "Access" and "Query" were added to Amazon Managed Blockchain (AMB), a fully managed service that lets users build applications faster using provision blockchain infrastructure, according to a Thursday press release. The announcement came during the two-day AWS Web3/Blockchain Summit in New York City.

Amazon Managed Blockchain has gradually moved further into the Web3 space. Earlier this year, Amazon (AMZN) posted new job listings for Web3 staffers. Recent reports have also suggested that Amazon is working on a non-fungible token (NFT) marketplace slated for release sometime this year, though the company has not yet confirmed the rumors.

AMB Access expands node offerings with serverless, scalable access to blockchains. Developers can use standard remote procedure calls, a method of asking an external computing source to perform a function, to interact with digital assets and distributed applications across multiple blockchains without specialized infrastructure. The service will initially support the Bitcoin network.

AMB Query provides developers access to blockchain data across multiple chains, beginning with Bitcoin and Ethereum, through application programming interfaces (API). Pricing is done through a pay-as-you-go model.

Amazon lists the potential use cases as custodial and wallet crypto applications and Web3 consumer engagement campaigns that use NFTs.

“Amazon Managed Blockchain Access and Query provide friction-free access to blockchain networks and their data so developers can easily create their Web3 applications,” Saman Michael Far, vice president of financial services technology at AWS, said in a statement.

UPDATE (July 27, 20:00 UTC): Adds details about reports of an upcoming Amazon NFT marketplace.

Edited by Parikshit Mishra.


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