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What is Steem?

Steem represents a groundbreaking social blockchain that aims to nurture communities while providing users with instant monetization options by rewarding them for their content contributions. As the pioneering blockchain capable of enabling real-world applications via social platforms like Steemit, it disrupts the conventional model where profits from user-generated content are predominantly enjoyed by shareholders of major social media companies. In a remarkable shift, Steem ensures that value is redirected back to the content creators, empowering them to become integral stakeholders within the platform. This innovative framework not only allows users to retain ownership of their data but also compensates them with cryptocurrency for their contributions. Unlike numerous other blockchains that struggle with transaction speed and high fees, Steem is distinguished by its quick, cost-free, and scalable transactions, facilitated by sophisticated bandwidth management techniques. It is the only blockchain robust enough to handle extensive social applications, boasting a transaction throughput that surpasses that of both Bitcoin and Ethereum combined. With a thriving community of over 1 million users and more than 324 applications developed on its platform, Steem is pivotal in transforming the dynamics of social media and digital content distribution. This revolutionary ecosystem not only amplifies user engagement but also cultivates an unparalleled sense of community ownership, setting a new standard in the digital landscape. As Steem continues to grow, it holds the potential to redefine how we perceive value and participation in the digital age.

What is Amazon Managed Blockchain?

Amazon Managed Blockchain is an all-encompassing service aimed at easing the process of creating and overseeing scalable blockchain networks, leveraging established open-source frameworks like Hyperledger Fabric and Ethereum. This innovative technology facilitates the development of applications in which multiple participants can execute transactions autonomously, thereby removing the need for a central authority to establish trust. At present, the task of setting up a scalable blockchain network using conventional solutions is frequently complex and difficult to manage. Typically, each participant must undertake a manual process that includes hardware setup, software installation, generation and management of access control certificates, and configuring various components of the network. With Amazon Managed Blockchain, expanding your blockchain network to meet rising application demands is rendered straightforward. If a network member requires additional capacity to handle and validate transactions, they can quickly introduce a new peer node via Managed Blockchain's intuitive APIs. Consequently, this service not only simplifies the management of blockchain networks but also guarantees that they can respond adeptly to evolving requirements, promoting a more efficient and flexible operational environment. As businesses increasingly seek to leverage blockchain technology, solutions like Amazon Managed Blockchain will play a pivotal role in their successful implementation.

Media

Media

Integrations Supported

Amazon Quantum Ledger Database (QLDB)
Blurt.blog
Ethereum
Hyperledger Fabric
Robinia
Steemit

Integrations Supported

Amazon Quantum Ledger Database (QLDB)
Blurt.blog
Ethereum
Hyperledger Fabric
Robinia
Steemit

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Steem

Date Founded

2016

Company Website

steem.com

Company Facts

Organization Name

Amazon

Date Founded

1994

Company Location

United States

Company Website

aws.amazon.com/managed-blockchain/

Categories and Features

Community

Content Management
Content Moderation
Discussions / Forums
Event Management
Group Management
Ideation / Crowdsourcing
Member Directory
Membership Management
Social Media Management
Website Management
White Label

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