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Thursday, May 6, 2021
Home News Amazon Announces Blockchain-as-a-Service (BAAS) Sandbox for Developers

Amazon Announces Blockchain-as-a-Service (BAAS) Sandbox for Developers

Amazon Web Services has teamed up with Digital Currency Group to create a Blockchain-as-a-Service solution for financial services firms according to a report in Forbes by Laura Shin

“Today in financial services, distributed ledger technology is at the forefront of any discussion related to innovation. AWS is working with financial institutions and blockchain providers to spur innovation and facilitate frictionless experimentation,” said Scott Mullins, AWS’s head of worldwide financial services business development, in a statement. “DCG is a recognized leader in distributed ledger technology, and we are excited to work with them and their portfolio companies to provide laboratory environments for enterprise experimentation with blockchain technology on AWS.”

DCG’s director of community, Meltem Demirors, also said in a statement. 

“At DCG, one of our fundamental beliefs is that the venture capital model has to evolve to enable disruption in financial services, and AWS was a natural collaborator given most of our portfolio relies on the AWS Cloud.”

“As we thought about how to help portfolio companies grow and scale while simultaneously supporting corporate discovery and experimentation, it became clear that we would need to collaborate with a technology infrastructure provider like AWS to help us build a platform for experimentation.”

 

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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