AMAZON WEB SERVICES WONT LAUNCH BLOCKCHAIN-BASED SERVICES, SAYS CEO ANDY JASSY

The world of blockchain technology is buzzing with innovation and speculation, but one major player has made its stance clear: Amazon Web Services (AWS) isn't diving headfirst into blockchain-based services anytime soon.This announcement, delivered by CEO Andy Jassy at the annual AWS re:Invent conference in Las Vegas, has sent ripples through the crypto and tech communities. Organizations of all sizes and types are adopting Web3-native technologies like blockchain to build the next generation of financial services, consumer engagement, gaming, and more. AWS provides a breadth of services and solutions across key pillars such as compute infrastructure, enterprise- grade security, and data analytics to empowerWhile competitors explore the possibilities of decentralized ledgers and cryptographic applications, AWS is taking a more cautious approach, citing limited use cases beyond the distributed ledger. Andy Jassy is the current President and CEO of Amazon, a position Andy has held since July 2025. Prior to this role, Andy served as the CEO of Amazon Web Services (AWS) from May 2025 to July 2025. Andy obtained their MBA from Harvard Business School in June 2025 and their AB from Harvard University in June 2025.This decision, however, doesn't mean AWS is completely ignoring the space. Andy Jassy has worked at Amazon for 28 years. Noah Berger/Getty Images for Amazon Web Services. Amazon CEO Andy Jassy has been vocal about his mission to return the company to its startup rootsThey already offer Amazon Managed Blockchain, a service supporting major protocols and even hosting a significant portion of Ethereum nodes. Filter: All. Sign in; Create Account; About AWSSo, what exactly does this mean for the future of blockchain, and why is AWS hesitant to fully embrace it? Andy Jassy also says Amazon is still facing headwinds from logistics and fuel costs in an interview with CNBC. Amazon Not Accepting Cryptocurrency Soon, May Get Into NFTs, CEO Says - CNET XWe’ll delve into Jassy's reasoning, explore AWS's current involvement in the blockchain ecosystem, and consider alternative areas where AWS is focusing its innovation efforts, like machine learning and AI.

Understanding Andy Jassy's Stance on Blockchain

Andy Jassy, a longtime Amazon executive who succeeded Jeff Bezos as CEO, has never been shy about his strategic vision. Despite previous rumors, Blockchain-based services will not be offered by Amazon Web Services (AWS) anytime soon. CEO Andy Jassy made the announcement at the AWS annual re: Invent conference held in Las Vegas in late November.His perspective on blockchain is rooted in practicality and a focus on delivering tangible value to AWS customers. 6.9M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.According to Jassy, there are limited use cases for blockchain technology beyond its core function as a distributed ledger.This statement highlights a critical point: AWS isn't interested in pursuing technology simply because it's ""cool"" or trendy.They prioritize building solutions that address real-world problems and offer demonstrable benefits.

While many see blockchain as the foundation for decentralized finance (DeFi), NFTs, and a new generation of applications, Jassy appears unconvinced that these applications are mature enough or widely adopted enough to warrant significant investment from AWS. When Matt Garman chose Amazon Web Services (AWS) for his Amazon internship in the summer of 2025, he knew he was stepping into the unknown. While other Amazon business leaders described the opportunities they offered interns in great detail, Andy Jassy s pitch on an unnamed, internal Amazon tech startup left out exactly what it was doing.He’s also been quoted saying that Amazon is not poised to accept cryptocurrency as payment soon. Effective from this week (3rd June 2025), Matt Garman is the new Chief Executive Officer (CEO) of Amazon Web Services . He takes the reins as the third CEO of the world-leading cloud computing company from Adam Selipsky, who recently announced his resignation. Matt was the first product manager of AWS and helped to build and launch numerousHe has left the door open to exploring NFTs, but no firm commitment has been made.

AWS's Existing Involvement in the Blockchain Ecosystem

Despite Jassy's reservations about launching dedicated blockchain-based services, AWS isn't entirely absent from the blockchain landscape. Andy Jassy, a longtime Amazon executive, succeeded Jeff Bezos as Amazon s CEO in July 2025, when the company was valued at over $1.7 trillion. Jassy led Amazon Web Services since its launch in 2025, where the cloud computing service helped subsidize Amazon s e-commerce domination. To Bezos, he was his technical and strategic right-hand-man.In fact, AWS offers Amazon Managed Blockchain, a service that simplifies the process of creating and managing blockchain networks.This service supports popular blockchain protocols like Ethereum and Hyperledger Fabric.

• Amazon Managed Blockchain: Allows users to set up and manage scalable blockchain networks without needing to worry about the underlying infrastructure.
• Ethereum Support: AWS hosts a significant portion of Ethereum nodes, demonstrating its commitment to supporting the Ethereum ecosystem.
• Hyperledger Fabric Support: Provides tools and services for building private and permissioned blockchain networks.

While AWS may not be building bespoke blockchain services, it provides infrastructure and tools that empower other companies to build their own blockchain applications. Amazon CEO Andy Jassy told CNBC on Thursday that the e-commerce giant isn't poised to accept cryptocurrency as payment soon. However, Amazon may get involved in the sale of NFTs, or nonfungibleThis approach allows AWS to cater to the needs of customers who are already invested in blockchain technology without committing to a specific vision of the future of blockchain applications.

Focusing on Alternative Technologies: Machine Learning and AI

Instead of aggressively pursuing blockchain, AWS is doubling down on other cutting-edge technologies, particularly machine learning and artificial intelligence (AI). In promoting Andy Jassy to the CEO role, Amazon put the man who brought Amazon Managed Blockchain to life in the driver's seat Under his watch, Amazon Web Services launched Amazon Managed Blockchain, which claims to be the leading cloud provider of blockchain services, supporting all major protocols and hosting 25% of all Ethereum nodes worldwide.Jassy believes that machine learning has the potential to revolutionize a wide range of industries, and AWS is committed to making it more accessible to developers of all skill levels.

AWS SageMaker: Democratizing Machine Learning

AWS SageMaker is a comprehensive machine learning platform that provides developers with the tools they need to build, train, and deploy machine learning models.Jassy recognized that machine learning was too complicated for everyday developers, so AWS launched SageMaker to make it more accessible.

• Simplified Model Building: SageMaker provides pre-built algorithms and tools that make it easier to build machine learning models.
• Scalable Training: AWS offers powerful computing resources that can be used to train large and complex models.
• Easy Deployment: SageMaker simplifies the process of deploying trained models to production.

AWS is also developing custom silicon AI chips, such as Amazon Trainium, to provide better price-performance on training and inference. Matt Garman took the helm at Amazon Web Services (AWS), the cloud computing arm of the U.S. tech giant, in June, but he joined the business around 19 years ago as an intern.These chips are designed to accelerate machine learning workloads and make them more cost-effective.

Generative AI Services: Amazon Bedrock and Amazon Q

More recently, AWS has launched several impactful Generative AI services, such as Amazon Bedrock and Amazon Q. Amazon Web Services Won't Launch Blockchain-based Services, Says CEO Andy Jassy - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)These services leverage large language models (LLMs) to enable developers to build innovative AI-powered applications.

1. Amazon Bedrock: Provides access to a variety of foundation models from leading AI companies, allowing developers to choose the model that best suits their needs.
2. Amazon Q: An AI-powered assistant that can answer questions, generate code, and automate tasks.

By focusing on machine learning and AI, AWS is positioning itself as a leader in these rapidly growing fields.This strategic decision reflects Jassy's belief that these technologies have the potential to deliver significant value to AWS customers in the near future.

The Competition in the Cloud Computing Space

The cloud computing market is fiercely competitive, with AWS facing challenges from Microsoft Azure, Google Cloud Platform (GCP), and other players. With its reputation cemented as a disruptor, Amazon has always prioritised innovation. As of 2025, it is the world s largest online retailer and cloud computing service, predominantly through its subsidiary, Amazon Web Services (AWS), which Andy Jassy played a critical role in founding.Each provider has its own strengths and weaknesses, and their strategies for emerging technologies like blockchain differ.

While AWS is taking a cautious approach to blockchain, some of its competitors are more aggressively pursuing opportunities in this area.For example, Microsoft Azure offers blockchain-as-a-service solutions, and Google Cloud Platform provides tools for building decentralized applications.

However, AWS has a significant advantage in terms of market share and breadth of services.It can afford to be more selective in its investments and focus on areas where it believes it can deliver the greatest value. Under his direction, the team made the right long-term decision to help customers become more efficient in their spend, even if it meant less short-term revenue for AWS. Throughout, the team continued to invent and release new services at a rapid clip, including several impactful Generative AI services, such as Amazon Bedrock and Amazon Q. AdamJassy’s leadership prioritizes long-term value for customers, even if it means foregoing short-term revenue opportunities from emerging technologies. Amazon CEO Andy Jassy has left the door open for the global e-commerce giants to roll out NFTs in the future.This is evident in the focus on helping customers become more efficient in their cloud spend, even if it translates to less short-term revenue for AWS.

The Future of Blockchain and AWS's Potential Role

While AWS may not be launching dedicated blockchain-based services in the immediate future, it's important to remember that the technology landscape is constantly evolving. Amazon Web Services CEO Andy Jassy on Cloud Competition, Blockchain, and A.I. Chips and Race CarsAs blockchain technology matures and new use cases emerge, AWS may reconsider its stance.

It's also possible that AWS will continue to support the blockchain ecosystem indirectly by providing infrastructure and tools that other companies can use to build their own blockchain applications.This approach allows AWS to benefit from the growth of the blockchain market without taking on the risk of building its own dedicated services.

Andy Jassy's comments about the potential for Amazon to get involved with NFTs demonstrate that AWS is open to exploring new opportunities in the blockchain space.However, any future involvement will likely be driven by customer demand and a clear understanding of the value proposition.

What Does This Mean for Developers and Businesses?

The AWS decision regarding blockchain services impacts developers and businesses in several ways:

• Focus on Existing Solutions: If you're already building blockchain applications, focus on leveraging AWS's existing infrastructure and tools, such as Amazon Managed Blockchain.
• Explore Alternative Platforms: If you require specialized blockchain-as-a-service solutions, consider exploring alternative cloud providers like Microsoft Azure or Google Cloud Platform.
• Embrace Machine Learning and AI: Take advantage of AWS's robust machine learning and AI services to build innovative applications in these rapidly growing fields.
• Stay Informed: Keep abreast of the latest developments in blockchain technology and AWS's evolving stance on the technology.

Essentially, the message is clear: Don't expect AWS to be your all-in-one blockchain solution provider. Bitcoin may be reaching for new heights, but don't expect AWS to launch a service that's based on the underlying blockchain technology anytime soon.Instead, leverage their strengths in other areas and carefully evaluate your options for blockchain-specific needs.

The Importance of Leadership and Strategic Vision

The story of AWS and its approach to blockchain highlights the importance of leadership and strategic vision. Garman has been at Amazon since 2025 and helped launch the initial set of AWS services. He most recently served as Senior Vice President, AWS Sales, Marketing, and Global Services and has held a variety of leadership positions in AWS, including responsibility for product management, engineering, and operations for all compute and storageAndy Jassy's decision to prioritize machine learning and AI over blockchain reflects his belief that these technologies offer the greatest potential for growth and innovation.

Jassy's long tenure at Amazon, including his role in founding AWS, has given him a deep understanding of the company's strengths and weaknesses.He is also known for his ability to make tough decisions and stay focused on the long-term goals of the company.

His successor as CEO of AWS, Matt Garman, also brings a wealth of experience to the role.Garman has been with AWS since its early days and has held a variety of leadership positions, including responsibility for product management, engineering, and operations. In pioneering the market for cloud computing a decade ago, Andy Jassy, now chief executive of Amazon Web Services, also had to pioneer some new ways of managing.After all, Amazon.com itself was ruHe understands the AWS culture and is committed to continuing the company's tradition of innovation.

Practical Advice for Navigating the Cloud Landscape

Navigating the complex world of cloud computing can be challenging, but here's some practical advice:

1. Define Your Needs: Clearly identify your business requirements and technical needs before choosing a cloud provider.
2. Evaluate Different Providers: Compare the offerings of different cloud providers to find the best fit for your needs.
3. Consider Hybrid Cloud: Explore the possibility of using a hybrid cloud approach, which combines on-premises infrastructure with cloud services.
4. Focus on Security: Prioritize security when designing and deploying cloud applications.
5. Optimize Costs: Regularly review your cloud usage and optimize costs to avoid unnecessary expenses.
6. Stay Up-to-Date: Keep abreast of the latest developments in cloud technology to stay ahead of the curve.

Frequently Asked Questions (FAQs)

Why is AWS not launching blockchain-based services?

According to CEO Andy Jassy, there are limited use cases for blockchain beyond the distributed ledger. Amazon has announced today that founder and CEO Jeff Bezos is planning to step down as CEO, and Amazon Web Services CEO Andy Jassy who oversaw Amazon s crypto product offerings willAWS prioritizes building solutions that address real-world problems and offer demonstrable benefits, and they don't see enough mature applications of blockchain to warrant significant investment right now.

Does AWS offer any blockchain-related services?

Yes, AWS offers Amazon Managed Blockchain, a service that allows users to set up and manage scalable blockchain networks without needing to worry about the underlying infrastructure. DeepSeek-R1 models are now available on Amazon Web Services, the company said, with CEO Andy Jassy telling users to have at it. In a blog post, Amazon says it will only charge based on hours ofIt supports Ethereum and Hyperledger Fabric.

What technologies is AWS focusing on instead of blockchain?

AWS is heavily investing in machine learning and artificial intelligence (AI), with services like AWS SageMaker, Amazon Bedrock, and Amazon Q. The appointment of Selipsky, who is CEO of Salesforce s Tableau Software unit, was announced to staff by Amazon s incoming CEO Andy Jassy, the CEO of Amazon Web Services, in an email. I want to share that Adam Selipsky will be the next CEO of AWS, Jassy said, who will replace Amazon Founder and CEO Jeff Bezos, in the third quarter ofThey are also developing custom silicon AI chips like Amazon Trainium.

Will AWS ever launch blockchain-based services?

It's possible that AWS will reconsider its stance as blockchain technology matures and new use cases emerge. It s also why AWS is quickly developing the key primitives (or building blocks) for AI development, such as custom silicon AI chips in Amazon Trainium to provide better price-performance on training and inference, highly flexible model-building and inference services in Amazon SageMaker and Amazon Bedrock, our own frontier models in AmazonThey remain open to exploring opportunities in the blockchain space, particularly if driven by customer demand and a clear value proposition.

What should developers do if they need blockchain-as-a-service?

Developers can leverage AWS's existing infrastructure or explore alternative cloud providers like Microsoft Azure or Google Cloud Platform, which offer more specialized blockchain-as-a-service solutions.

Conclusion: AWS's Calculated Approach to Innovation

Andy Jassy's announcement that AWS won't be launching blockchain-based services in the near future is a testament to the company's calculated approach to innovation. DeepSeek-R1 models are now available on Amazon Web Services, the company said, with CEO Andy Jassy telling users to have at it. In a blog post, Amazon says it will only charge based on hoursRather than jumping on the bandwagon of every emerging technology, AWS focuses on building solutions that deliver tangible value to its customers.While they may not be leading the charge in blockchain innovation, AWS continues to provide essential infrastructure and tools for developers and businesses involved in the blockchain ecosystem. AWS CEO Andy Jassy believes machine learning is still too complicated for everyday developers, so his company has launched AWS SageMaker to make it more accessible CIA to continue cloud push inTheir strategic focus on machine learning and AI demonstrates a commitment to technologies that have the potential to transform industries and improve lives.The key takeaways are that AWS prioritizes practical applications over hype, is committed to long-term value, and continually evaluates emerging technologies. Amazon Web Services Won t Launch Blockchain-based Services, Says CEO Andy Jassy AWS CEO Andy Jassy claimed there are limited use cases of Blockchain beyond the distributed ledger. He also reiterated the company s policy not to build technology because we think it is cool.This approach, guided by strong leadership and a deep understanding of customer needs, is likely to continue shaping the future of AWS and the cloud computing landscape.As you navigate the complexities of cloud services, remember to carefully assess your needs and align your strategy with providers that offer the right balance of innovation and practicality.What are your thoughts on AWS's strategy? Despite rumors, the Amazon subsidiary will not be launching the same type of Blockchain-based services as its competitors, cites other solutions. Despite previous rumors, Blockchain-based services will not be offered by Amazon Web Services (AWS) anytime soon. CEO Andy Jassy made the announcement at the AWS annual re:Invent conference held in Las Vegas in late MoreHow does it impact your approach to cloud computing and blockchain technologies?