💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

John Liu Brings AWS Web3 Expansion To The World — 30 People To Watch In Web3

Published 18/09/2023, 21:54
© Reuters.  John Liu Brings AWS Web3 Expansion To The World — 30 People To Watch In Web3

Benzinga - John Liu is bringing blockchain to the masses as the head of product Amazon Managed Blockchain (AMB) of Amazon Web Services (AWS). Liu is also the co-founder of Automatic USA, which applies fintech to the used car financing industry.

In July, AWS expanded AMB Access as a service that offers serverless, scalable, and secure access to blockchain networks, starting with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). It simplifies blockchain access for developers by providing availability to standard RPCs, eliminating the need for configuring dedicated infrastructure, maintaining nodes, and patching server software.

Liu is among the many Web3 leaders who will be speaking at Benzinga's Future of Digital Assets event in NYC on Nov. 14, 2023.

AMB Access also provides access to multiple popular blockchains on an affordable, pay-as-you-go basis with no minimum utilization.

Liu posted an article on the AWS site stating: "Today, we are happy to announce the general availability of Amazon Managed Blockchain (AMB) Access and Query. These two services expand AMB's capabilities to help developers seamlessly interact with public blockchains so they can build scalable applications quickly and securely."

Also Read: SEC's Latest Filings Highlight Auditor Concerns Over Binance.US Collateral Integrity

In August, AWS announced the expansion of Managed Blockchain Services to support smart contracts for DeFi, NFTs to support ownership and transfer of digital assets, and crypto payments that work without intermediaries. In this update, the company addressed data storage structure to allow complex queries between blocks, speeding blockchain finality, easing data integration with multiple chains, and managing smart contract complexity.

These are challenges that many Layer 1 and Layer 2 blockchains have sought to address, but the reach, resources, and global audience of AWS make these moves by AMB landmarks in easing the development of blockchain and moving toward blockchain as a standard part of any app's tech stack.

Why Liu is someone to watch in Web3…

Liu has the vision and experience to stay laser-focused on mainstreaming blockchain. With over a decade of experience managing products for fintech companies and experience working in hedge funds, he is part of a new generation of leaders in big tech who truly understand the power of blockchain and the emerging digital economy, as well as the demands of mainstream users and developers.

With the significant expansion of AMB in 2023, Liu is focused on making it easier to develop apps that use cross-chain technology to make the technology quick, flexible, and affordable.

Brands like AMB can help to change stigmas around blockchain as a specialized technology that is difficult to use. As we look for real global use cases in 2023, Liu, through his work with AMB, will likely be part of the next big wave, making him someone to watch in Web3 in 2023.

Join Benzinga's Future of Digital Assets in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

Now Read: Crypto Analyst Says Bitcoin Bull Market Is On The Horizon: 'This Is The Beginning'

Image source: Background by Gerd Altmann from Pixabay.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.