Blockchain technology makes it possible to build applications where multiple parties can record transactions without the need for a central authority to ensure transactions are secure and verified. The transactions are immutable and independently verifiable.

The AWS templates allow users to deploy Ethereum and Hyperledger frameworks with certified AWS CloudFormation templates. Users can focus on building blockchain applications rather than spending time and energy on manual setup of their blockchain network.

Both Ethereum and Hyperledger Fabric offer distributed consensus algorithms, smart contract functionality and access control features.