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Amazon
Amazon has grown from an online bookstore to one of the world’s largest e-commerce behemoths. Amazon isn’t ignoring the potential blockchain market either. Amazon’s AWS cloud offering provides enterprise blockchain solutions (Amazon Web Services).
Amazon Managed Blockchain is a blockchain development services company that makes creating and managing blockchain networks simple. Customers can scale utilizing Hyperledger Fabric and Ethereum, which are both open source. AWS has approximately 70 validated blockchain solutions from other distributed ledger partners Corda, Quorum, Blockstack, RSK, and Kadena, in addition to these two.
The Amazon Quantum Ledger Database is used to power these blockchain technologies (QLDB). QLDB is a transaction log management ledger that is centralized, immutable, and cryptographically verifiable. Customers are charged differently depending on whether they are network members, peer nodes, store peer nodes, post data to the network, or transmit data with the AMB service.
Microsoft
Perhaps everyone knows that Microsoft is the world leader in computer software. So the move to blockchain solutions is not too surprising for this tech giant. The blockchain development services company uses its proprietary platform called Azure. The Azure platform enables customers to build, manage, and scale blockchain networks at scale.
Azure itself is a cloud platform for software deployment. But Azure Blockchain Services focuses on distributed ledger technologies. There is also the ability to create smart contracts using the Code Extension in Visual Studio and the Azure Blockchain Development Kit.
Unlike ConsenSys and IBM, Microsoft has provided a platform for businesses to build and adapt their blockchain networks (also known as private blockchains). Azure also works with other blockchain platforms like Corda and Hyperledger. Azure Marketplace offers 17,000 certified apps and services that can be easily deployed across the network.
IBM
IBM has been a well-known name in the field of information technology for decades now. So there is absolutely reason to trust them in this new Blockchain field. The IBM blockchain development services company provides a complete suite of software, services, tools, and blockchain prototypes based on the Linux Foundation’s Hyperledger Fabric technology.
The New York-headquartered tech giant operates in more than 170 countries. And IBM’s customer base is quick to deploy blockchain solutions to businesses. On its Blockchain Services website, IBM claims to have more than 500 trusted customers and over 1,600 technical experts.
The company serves all industries including transportation and supply chain, finance, insurance, government, retail, and food industries. For example, IBM’s blockchain-based Food Trust has more than 300 suppliers and buyers online with 6 million packaged food products on store shelves.
ConsenSys
ConsenSys is a successful blockchain startup that is one of the most innovative in the world. The company has been working in the blockchain market for some years.
ConsenSys is a blockchain development services company based on Ethereum. Joseph Lubin, an Ethereum developer and co-founder of the Ethereum Foundation, created the startup in 2014. ConsenSys is headquartered in Switzerland and has offices across the United States, Europe, and the Asia Pacific.
Enterprise Ethereum solutions have been implemented in the real world for enterprises, governments, and non-governmental organizations to help them protect their IT infrastructure. Outside of companies, the firm also optimizes workflow. Concurrently developing new blockchain-based business concepts and ventures.
R3 Corda
The R3 technology firm specializes in providing blockchain solutions to companies. R3 is a blockchain development services company leading an ecosystem of over 300 companies that are working together to create Corda, a blockchain-based distributed application platform. R3 was founded in 2014 and constructed Corda from the ground up, launching it in 2016. Then, in 2018, R3 released an enterprise version.
Corda Enterprise refines open source blockchain’s key parts to fit the network infrastructure and service needs of today’s diverse sectors. The non-profit organization R3 is situated in the Netherlands.
HSBC, Credit Suisse, Nasdaq, Finastra, and a number of companies in the insurance, healthcare, energy, real estate, telecommunications, and supply chains have already adopted the Corda blockchain and R3’s CorDapps application platform.
While there are many benefits to blockchain technology, there are still some challenges that need to be addressed before it can be widely adopted. The blockchain development services company is excited about the possibilities that blockchain technology presents and are committed to helping our clients navigate this new terrain. If you would like to learn more about how we can help you develop a blockchain strategy for your business, please contact us today.
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