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Businesses can use a purpose-built solution using Amazon QLDB , that provides them a centralized ledger for auditing and record keeping purposes, utilizing a scalable, serverless architecture that allows them to easily verify integrity of past records, trigger AWS Lambda events to process other workflows such as caching the history for querying in Amazon Elasticsearch, transforming and loading the data into an Amazon Redshift cluster, or storing the data in an Amazon S3 data lake. Consensus algorithms help ensure that the members in the network have an agreed-upon method to allow transactions and data to be committed to the ledger and execution of smart contract code. Scott Stornetta used Merkle trees to implement a system in which document timestamps could not be tampered with. Blockchain is a special type of database management system that has more features than a regular database.
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