Are you considering delving into blockchain technology? You might be attracted to its inherent features like tamper-evidence and trustless audit capabilities. Or perhaps you aim to streamline processes by eliminating intermediaries with a groundbreaking application that necessitates custom blockchain integration and infrastructure.
Navigating the initial steps can be daunting.
At Manifold, an AWS Partner Network (APN) Standard Technology Partner, we have developed a highly scalable, cost-effective, and easy-to-integrate blockchain platform designed for deployment on Amazon Web Services (AWS).
With the Manifold platform, you can effortlessly create an Amazon Simple Storage Service (Amazon S3) bucket and establish your own blockchain infrastructure with just one command.
The Manifold Platform is now accessible on AWS Marketplace.
Why We Selected AWS Serverless Technology
Manifold on AWS enables you to manage blockchains for various applications, including branded currencies, settlement processes, asset management, and intelligent automation. Our third-generation platform utilizes AWS Lambda to offer a distributed ledger capability that ensures blockchain auditability while detecting potential tampering. This service comes at an exceptionally low operational cost and simplifies integration complexities. Importantly, our Lambda-based approach allows AWS to handle scaling efficiently, enabling applications built on our platform to reach truly global dimensions.
Manifold empowers you to deliver serverless blockchain solutions to your customers, benefiting from all the advantages of AWS Lambda, such as:
- Accelerated development, reduced operational weight
- Faster scalability
- Pay for only what you use
We chose a serverless model on AWS for several compelling reasons, with three main strategic advantages standing out: deployment simplicity, scalability, and cost-effectiveness.
Deployment Simplicity and Support
The ease of deployment and support is crucial for business leaders assessing a blockchain initiative. Currently, only a handful of commercial blockchain solutions have achieved meaningful production deployment. Many high-profile projects, despite their potential, struggle to transition from prototype to production.
From our perspective, this frequently occurs because prototypes are overly complex for enterprise teams to support and integrate.
To counter this, we prioritized a framework that can be deployed and utilized in a manner that supports operations teams, avoiding the need for entirely new workflows or monitoring tools. We aimed to make our platform simple to deploy and support, a critical aspect of our enterprise strategy.
Scalability
While the challenges of blockchain infrastructure for small-scale applications have been addressed, deploying those applications at production scale remains a significant hurdle.
Manifold is dedicated to resolving production scale challenges without compromising the ease of prototyping, leveraging the AWS serverless stack for this purpose.
Allowing AWS to manage the heavy lifting is the most effective way to deliver scalability. By utilizing AWS Lambdas, we can concentrate on optimizing blockchain systems to provide trustless auditability with minimal overhead.
This strategic approach has led to a significantly reduced integration cycle and a transaction engine that has given our Marketplace product a competitive advantage.
Cost Considerations
If mismanaged, the advantages of blockchain can lead to exorbitant costs. Many of the back-office and risk management expenses in enterprises arise from expensive data management and transaction auditing processes. By alleviating these costs, we believe blockchain technology can transform these processes and others.
Blockchain enables the creation of secure, common data planes that validate correctness and foster trust. Its potential is transformative, provided the solution does not exceed the costs of the problem.
AWS Lambdas not only support scalability but also enable our platform to function at costs drastically lower than traditional deployments. By harnessing Lambdas, we have established a foundation for solutions that demonstrate value across all levels.
Conclusion
At Manifold, we have focused on eliminating unnecessary overhead and complexity associated with blockchain integration and usage. With a straightforward two-step deployment process, you can initiate and operate your own global-scale blockchain platform.
Our recommendation? Concentrate on leveraging blockchain technology rather than just integrating with it.
Next Steps
As an AWS serverless application, Manifold scales effortlessly with AWS, delivering a highly cost-efficient trust framework that drives business transformation. We’re thrilled to make our technology available on AWS, allowing you to harness what we believe is the most effective and powerful blockchain infrastructure ever created as your foundation.
If you’re interested in further insights, check out this additional blog post for more information. For authoritative content on this topic, visit this resource. Additionally, for community discussions, this Reddit thread serves as an excellent resource.
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