1 00:00:00,350 --> 00:00:01,183 ‫Now let's talk about, 2 00:00:01,183 --> 00:00:02,710 ‫Amazon Managed Blockchain. 3 00:00:02,710 --> 00:00:03,660 ‫So what is Blockchain? 4 00:00:03,660 --> 00:00:06,020 ‫It makes it possible to build applications 5 00:00:06,020 --> 00:00:08,030 ‫where multiple parties can execute transactions 6 00:00:08,030 --> 00:00:10,890 ‫without the need for trusted central authority. 7 00:00:10,890 --> 00:00:14,190 ‫So there's a decentralization aspect to a Blockchain. 8 00:00:14,190 --> 00:00:15,720 ‫So managed Blockchain by Amazon, 9 00:00:15,720 --> 00:00:18,400 ‫is a service to join a public Blockchain networks 10 00:00:19,489 --> 00:00:21,880 ‫or create your own scalable private 11 00:00:21,880 --> 00:00:24,360 ‫Blockchain network within AWS. 12 00:00:24,360 --> 00:00:27,080 ‫And it's compatible with two Blockchain so far, 13 00:00:27,080 --> 00:00:29,510 ‫the framework Hyperledger Fabric, 14 00:00:29,510 --> 00:00:31,500 ‫and the framework Ethereum. 15 00:00:31,500 --> 00:00:32,790 ‫So from an exam perspective, 16 00:00:32,790 --> 00:00:35,120 ‫if you see anything related to Blockchains 17 00:00:35,120 --> 00:00:37,110 ‫or Hyperledger fabric or Ethereum, 18 00:00:37,110 --> 00:00:39,340 ‫you have to think Amazon managed Blockchain 19 00:00:39,340 --> 00:00:41,710 ‫which is also a decentralized Blockchain, okay? 20 00:00:41,710 --> 00:00:43,510 ‫So make sure you remember that and that's it, 21 00:00:43,510 --> 00:00:44,410 ‫all you want to know for the exam, 22 00:00:44,410 --> 00:00:46,100 ‫you'll need to be Blockchain experts. 23 00:00:46,100 --> 00:00:47,680 ‫So that's it, I hope you liked it, 24 00:00:47,680 --> 00:00:49,630 ‫and I will see you in the next lecture.