This Is My Architecture: Mobile Cryptocurrency Mining
AWS Architecture BlogThis Is My Architecture: Mobile Cryptocurrency MiningbyAnnik Stahl| on27 MAR 2019| inAmazon API Gateway,Amazon Athena,Amazon DynamoDB,Architecture,AWS Lambda,AWS WAF,Blockchain,Innovation and Reinvention|Permalink|ShareIn North America, approximately 95% of adults over the age of 25 have a bank account. In the developing world, that number is only about 52%. Cryptocurrencies can provide a platform for millions of unbanked people in the world to achieve financial freedom on a more level financial playing field.Electroneum, a cryptocurrency company located in England, built its cryptocurrency mobile back end on AWS and is using the power of blockchain to unlock the global digital economy for millions of people in the developing world.Electroneum’s cryptocurrency mobile app allows Electroneum customers in developing countries to transfer ETNs (exchange-traded notes) and pay for goods using their smartphones. Listen in to the discussion between AWS Solutions Architect Toby Knight and Electroneum CTO Barry Last as they explain how the company built its solution. Electroneum’s app is a web application that uses a feedback loop between its web servers andAWS WAF(a web application firewall) to automatically block malicious actors. The system then usesAthena, with a gamified approach, to provide an additional layer of blocking to prevent DDoS attacks. Finally, Electroneum built a serverless, instant payments system usingAWS API Gateway,AWS Lambda, and AmazonDynamoDBto help its customers avoid the usual delays in confirming cryptocurrency transactions.*Check out moreThis Is My Architecturevideos on YouTube.TAGS:Architecture,architecture best practices,Athena,blockchain,cryptocurrency,DynamoDB,Gamify,lambda,This Is My Architecture,WAFAnnik StahlAnnik Stahl is a Senior Program Manager in AWS, specializing in blog and magazine content. Having been the face of Microsoft Office for 10 years as the Crabby Office Lady columnist, she loves getting to know her customers and wants to hear from you.
In North America, approximately 95% of adults over the age of 25 have a bank account. In the developing world, that number is only about 52%. Cryptocurrencies can provide a platform for millions of unbanked people in the world to achieve financial freedom on a more level financial playing field. Electroneum, a cryptocurrency company located […]
Annik Stahl
Amazon API Gateway Amazon Athena Amazon DynamoDB Architecture AWS Lambda AWS WAF Blockchain Innovation and Reinvention