G2

Heramb S.

Mid-Market (51-1000 emp.)

8/30/2023

"Best for decentralized network"

4.5/5

What do you like best about Amazon Managed Blockchain?

We all know that in the current scenario in the banking system we are using a centralized network which sometimes causes us problems. For example, we do not know where the bank invests our deposited money and to whom they give our hard-earned deposited money. So, the blockchain will play a very vital role in this scenario because the blockchain is a decentralized network. In this center, the data is not centralized, so we can see where our money is going, and the blockchain network is immutable in nature, which will give us extra security compared to other networks. Review collected by and hosted on G2.com.

What do you dislike about Amazon Managed Blockchain?

The thing I dislike about the blockchain network is that it is very costly in nature because in blockchain we have to deploy the smart contracts on the chain which is very costly to all of us. Review collected by and hosted on G2.com.

What problems is Amazon Managed Blockchain solving and how is that benefiting you?

The main problem that blockchain is solving is that it builds trust in all of us because the blockchain network is an open network in which we see all the information on the chain, like the smart contracts that were deployed on the network, and we all see the transactions on the network. Due to this, it will build trust among all of them, and it is very secure because it is immutable in nature. Review collected by and hosted on G2.com.