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Amazon has announced that it will be partnering with Digital Currency Group to provide it's own blockchain as-a-service sandbox for DCG's large blockchain focused portfolio. Amazon's move is most likely due to Microsoft and IBM's recent developments in the space as well. This is most likely the beginning of a broader move on Amazon's side to understand the implications of the blockchain and how it could potentially transform cloud services as well.
“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.”
