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How Leading Enterprises Are Building Blockchain Innovation On AWS

Blockchain hype—led by cryptocurrency headlines—obscures powerful enterprise applications of the technology. We aim to change that. In this series, we’ll bring you insights from Amazon Web Services customers and partners who are using blockchain to change the world.

The world grows more interconnected every day. Businesses collaborate across the globe. Transactions increase in volume and intricacy. Organizations that share sensitive information across public networks risk information leaks and the possibility of sophisticated cyber attacks.

Traditional methods of storing, verifying, and securing transactions struggle to keep pace with this rising complexity. Massive inefficiency results from the need to process and verify information spread across entities. Entire industries exist only to serve as trusted intermediaries between parties. Attempts at automation create fragile webs of APIs.

Blockchain and digital ledger technologies solve these problems by storing transactions in ways that are transparent, immutable, and verifiable. And they allow multiple parties to transact in a trustworthy and efficient manner, with or without a centralized authority.

Many exciting use cases are possible. Manufacturers could build track and trace ledgers that unify data from multiple systems, enabling faster identification of the reasons for product defects. Consumers could see the history of goods from raw materials to last-mile delivery. Insurers could pay claims in seconds. The time it takes to issue a bond through a securities exchange could shrink from months to minutes.

Companies are working to reap the benefits of blockchain, such as greater speed, efficiency, and reduced risk. For example, Gartner calls blockchain one of the top 10 strategic technologies of 2019. Eighty-five percent of enterprises in a Deloitte survey said they invest $500,000 or more annually in blockchain technologies.

Yet few have deployed these systems to production. Significant challenges hamper the transformative potential of blockchain. Businesses cite regulatory issues, technical barriers, security threats, uncertain ROI, and lack of in-house skills as the biggest barriers.

Many of our own customers, such as Nestlé and Singapore Exchange, have told us about the complexity of building scalable enterprise applications on blockchain. Setting up the hardware, networking, and software can be daunting, even before getting to the experimentation phase. This delays potentially life-changing innovations.

Amazon Web Services (AWS) solves these issues in two major ways. First, we built Blockchain on AWS—a set of massively scalable blockchain and distributed ledger services in the cloud. If all you need is a centralized ledger that immutably records all application data changes, there’s Amazon Quantum Ledger Database (Amazon QLDB). If you need to build a distributed application with ledger capabilities and the ability for multiple parties to transact without a trusted central authority, there’s Amazon Managed Blockchain.

Second, we collaborate closely with leading enterprises to speed innovation. From global manufacturers to finance-industry cornerstones, these companies are creating a more scalable, secure, efficient future. For example, they’ve demonstrated that blockchain delivers throughput to handle U.S. securities trading. Others have built solutions to connect small-scale farmers with consumers thousands of miles away.

We’ll highlight these and many other exciting use cases in the coming weeks. We’re thrilled to bring you along on the journey.

For 13 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 165 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 66 Availability Zones (AZs) within 21 geographic regions, spanning the U.S., Australia, Brazil, Canada, China, France, Germany, Hong Kong Special Administrative Region, India, Ireland, Japan, Korea, Singapore, Sweden, and the UK. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

Source: How Leading Enterprises Are Building Blockchain Innovation On AWS

 

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Jeff Bezos Unveils Blue Origin’s Lunar Lander; Announces Launch Of Next-Gen Rocket In 2021

Amazon founder Jeff Bezos confirmed that his space company, Blue Origin, will launch its next-generation rocket, New Glenn, for the first time in 2021, and also hinted that his company might be capable of helping NASA put humans on the Moon within the Trump administration’s stated five-year time frame.

“We can help meet that time line,” he said. “But only because we started three years ago. It’s time to go back to the Moon—this time to stay.”

Leading up to this dramatic announcement on Thursday at the Washington Convention Center, Bezos couched his vision for his space company in the context of the problems of the world as he sees them. Within the next couple of hundred years, Earth will run out of resources necessary for people to live comfortably, Bezos predicted. Which is why, he says, humanity needs to move into space.

To that end, Bezos revealed Blue Origin’s next-generation rocket, New Glenn, which will begin operations in 2021. New Glenn would be a “heavy lift” rocket, competitive with SpaceX’s Falcon Heavy rocket, as well as United Launch Alliance’s Delta IV and in-development Vulcan rocket. According to Bezos, New Glenn will reduce costs by having a first stage that can be reused 25 times and use liquid natural gas as a propellant. Though he did not reveal any pricing information about the rocket, he did mention that the fuel costs per launch would be less than $1 million.

And one of the things that rocket may launch? One of the answers came immediately as Bezos—to great fanfare—showed off a large mock-up of the company’s proposed Blue Moon lunar lander. According to Bezos, the lander will use liquid hydrogen as fuel—just as the company’s New Shepard rocket does today. It will be capable of landing autonomously and be equipped with cameras, lidar and other sensors to map terrain. It will also be configurable in order to handle a variety of missions such as carrying a rover—or humans—to the surface.

Again, there wasn’t any information provided about how much it will cost for a company to buy a mission on the Blue Moon. However, Bezos did reveal that Blue Origin already has customers.

“We already have a bunch of customers for Blue Moon, some of whom are in the audience,” he said. “They’re going to be deploying science missions to the Moon as well.”

Bezos couched these product announcements in the context of his vision for the future, which for him means humanity migrating out to O’Neill habitats–gigantic, miles-long space stations envisioned by physicist Gerard O’Neill in the 1970s, are where humans will live and work comfortably, and conduct heavy industry, Bezos said.  This will leave Earth “zoned for residential and light industry,” he said.

Building grandiose habitats—or even more relatively modest goals like any kind of permanent settlement in space or on the Moon—is not the job of this generation, but the next, according to Bezos. He sees his goal as building the infrastructure necessary for it to happen. “It’s this generation’s job to build that road to space so future generations can release their creativity,” he said.

The company also released a promo video for its lander, which you can view below.

Read more: Jeff Bezos And Elon Musk Want To Go To The Moon—They Just Disagree On How To Get There

Follow me on Twitter or Facebook. Read my Forbes blog here.

I’m an Associate Editor covering science and cutting edge tech.

Source: Jeff Bezos Unveils Blue Origin’s Lunar Lander; Announces Launch Of Next-Gen Rocket In 2021

DoorDash And Amazon Won’t Change Tipping Policy After Instacart Controversy; If You’re Worried, Carry Cash

The tipping controversy that prompted Instacart to reverse a compensation plan to its contract workers isn’t likely to go away: Rivals DoorDash and Amazon Flex are continuing to adjust driver pay based on how much they get tipped, saying doing so ensures a minimum payout. The practice, which has its roots in the way brick-and-mortar restaurants pay waitstaff, has been adapted to suit the needs of app-based delivery companies…………

Source: DoorDash And Amazon Won’t Change Tipping Policy After Instacart Controversy; If You’re Worried, Carry Cash

ShopABot – Discover The Secret 3-Step Amazon Formula & Start Earning Affiliate Commissions On Demand

It had to follow a very simple 3 step formula so you can replicate it over and over again, scale it up and easily grow your affiliate earnings into a healthy full time income. That’s exactly what I have built and these days I am able to generate unlimited viral traffic & juicy Amazon commissions on demand… Starting today you will be too! I’m sick of seeing good people fail, when you absolutely don’t have to! That’s why I have decided to share my software and proven money making formula with you! So let’s skip the frustration and guesswork… and start getting you results!Read more

 

With No Laws To Guide It, Here’s How Orlando Is Using Amazon’s Facial Recognition Technology – Davey Alba

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Walking around downtown Orlando, you might not notice the lightbulb-sized camera affixed to one of the traffic signal poles along the city’s palm tree–studded avenues. But it’s there, scanning all the same. If it sees you, the camera will instantly send a live video feed over to Amazon’s facial “Recognition” system, cross-referencing your face against persons of interest. It’s one of three IRIS cameras in the Orlando area whose video feeds are processed by a system that could someday flag potential criminal matches — for now, all the “persons of interest” are volunteers from the Orlando police — and among a growing number of facial recognition systems nationally………

Read more: https://www.buzzfeednews.com/article/daveyalba/amazon-facial-recognition-orlando-police-department

 

 

 

 

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