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Amazon Web Services will not launch blockchain-based services, says CEO Andy Jassy

Despite previous rumors, blockchain-based services will not be offered by Amazon Web Services (AWS).

CEO Andy Jassy made the announcement at the annual AWS re: Invent conference held in Las Vegas in late November. Jassy presented his views on Blockchain technology, claiming that there are limited use cases of Blockchain "beyond the distributed registry". He also reiterated the company's policy of not "building technology because we think it's cool."

Jassy, ​​there are a number of other solutions to the problems that Blockchain is supposed to solve. He pointed out that the majority of the major distributed books available to date have very limited capabilities.

However, Jassy did not completely shut the door to the possibility of working on a Blockchain-based product in the future. He claimed that they were interested in the ways in which Blockchain could benefit their customers:

"We are very intrigued by what customers will ultimately do there."

AWS Competitors Blockchain Efforts

Unlike AWS, rivals such as Microsoft and International Business Machines (IBM) aggressively advance projects related to Blockchain services and ledgers distributed. In recent months, these companies have launched several Blockchain services and pilot projects in collaboration with their customers.

Brief Profile of AWS

AWS is a subsidiary of a major online retailer. The company offers information technology infrastructure services in the form of web services to its customers. Among the company's products and solutions are content storage and delivery, cloud computing, databases, analytics, application services and mobile services.