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.


Related Posts

Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs

The pioneering force in the Web3 landscape, Void 2122,...

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

CoinMarketCap and HELLO Labs to Premiere TV Series, Killer Whales

An official trailer for the Web3 television series 'Killer...

Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother,...

Related Posts

The History of Bitcoin NFTs – A Step-by-Step Timeline

With recent hype surrounding Casey Rodarmor's release of open-source...

CoinGecko vs CoinMarketCap: Which Is The Better Crypto Tracker?

CoinMarketCap and CoinGecko are two of the most popular...

Top 5 Most Expensive CryptoPunks NFTs and Reasons Why

CryptoPunks' unique attributes sell for six digits or more CryptoPunks,...

The Ultimate Guide to NFT for Dummies [2022 Guide]

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

Top 10 NFT Marketplaces to Look Out For and Why

How numerous NFT marketplaces make hunting for digital collectibles...

Everything About Starbucks NFT Reward Program ‘Starbucks Odyssey’

A Starbucks NFT will reward customers with a trip...