In a blog post published on Wednesday, Amazon Web Services (AWS) and Ava Labs announced a partnership to grow blockchain use for enterprises, institutions, and governments.
Quick Take:
- Ava Labs succeeded in building a serverless architecture on AWS
- The business value generated by blockchain is anticipated to grow from $176 billion in 2025 to $3.1 trillion in 2030.
AWS will accommodate Avalanche blockchain infrastructure and decentralised applications (dApps), making it considerably simpler for developers to create nodes. Ava Labs also intends to introduce a “subnet” deployment feature to the AWS Marketplace. It will enable people and firms to quickly establish custom networks inside the Avalanche blockchain.
AWS X Avalanche
Ava Labs’ president, John Wu, said that cooperation with AWS is essential for his organisation.
Ava Labs currently has over 500 blockchain apps. The collaboration will enable them to enhance the user experience and lead those users to the Activate program. Furthermore, the collaboration enables Ava Labs to provide its consumers with a simple, one-click solution for launching nodes on the Avalanche blockchain.
According to Ava Labs CEO Emin Gün Sirer, the agreement with AWS would allow developers to easily establish and test networks on the Avalanche blockchain in any legal jurisdiction they like.
It is AWS’s first blockchain project collaboration with Ava Labs. However, other blockchain networks currently use Amazon Web Services to run their networks. As per the Ethereum website, AWS hosts around 25% of all Ethereum workloads.
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Howard Wright, VP at Amazon Web Services, believes the technology of AWS is “natively agnostic”. AWS can handle various blockchain protocols, despite the fact that this is its first fundamental relationship with a blockchain. Howard went on to say that the convergence of blockchain and Web3 technology is inevitable, and AWS is thrilled to be a part of it. Meanwhile, in the last 24 hours, the value of Avalanche’s native token, AVAX, has climbed by 13.5 per cent to $14.55.
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