Category: Blockchain
Service: Amazon Managed Blockchain
Answer:
Amazon Managed Blockchain makes it easy to create and manage blockchain networks based on popular open-source frameworks such as Ethereum and Hyperledger Fabric. You can create and manage different types of blockchain networks using Amazon Managed Blockchain, including:
Private blockchains: Private blockchains are only accessible to a select group of participants who have permission to access the network. Private blockchains are often used for enterprise applications where privacy and data confidentiality are critical.
Public blockchains: Public blockchains are open to anyone who wants to participate in the network. Public blockchains are often used for applications that require a high degree of transparency and decentralization, such as cryptocurrency.
Hybrid blockchains: Hybrid blockchains combine elements of both private and public blockchains. They allow organizations to maintain control over certain aspects of the network while still allowing for open participation.
With Amazon Managed Blockchain, you can easily create, configure, and manage different types of blockchain networks based on your specific use case and requirements.
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