Avalanche Collaborates With AWS to Scale Blockchain Adoption

Share This Post

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.

Related Content: Avalanche NFTs Now Available for Shopify Users via Venly App

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.

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT-related drops, releases, reviews, and more.

spot_img

Related Posts

Doritos Enter Metaverse With Polygon NFTs

Tortilla chip giants, Doritos, are entering the metaverse this...

eBay Hiring Multiple Roles As They Push Further Into NFTs

Following the acquisition of NFT marketplace, KnownOrigin, eBay have...

Dillon Danis, MMA Fighter, Exposed for Promoting Fake NFT Collection

MMA Fighter and internet personality, Dillon Danis, has been...

Louis Vuitton Partners With Yayoi Kusama to Offer 10,000 NFTs

After the success of their first NFT game, which...

Azuki Holders Can Now Score a Free Pass for ‘9 Lives Arcade’

Azuki and Beanz holders can score a free pass...

The Sandbox to Present K-Pop Talents via BOYS PLANET

K-pop's finest male singers are getting ready to conquer...

Related Posts

Bored Ape Yacht Club Review | 2023 Guide

An in-depth Bored Ape Yacht Club Review Guide. Everything you need to know about Bored Ape Yacht Club NFT Collection.

Switch Reward Card Expands Beta Testing

The Switch Reward Card (Switch Black Card) is now...

The History Behind the Priciest NFT

Beeple's "Everydays: The First 5000 Days" is the priciest...

The Ultimate Guide to NFT for Dummies [2022 Guide]

NFTs are collectible items that can represent digital content,...

Doodles NFT Review – The New Prominent Project

Community and entertainment drive Doodles to thrive Doodles has become...

The Ultimate Guide to NFT Rarity Tools | Top Tools You Need to Know in 2023

Trait Rarity is the most important factor in the...