BREAKING: Amazon chooses Avalanche to bring scalable blockchain solutions – AVAX price explodes

  • Amazon said that AWS will be supporting Avalanche’s infrastructure and DApp ecosystem to further facilitate one-click payments.
  • Avalanche is also planning for subnet development on AWS marketplace allowing individuals and institutions to launch their own subnets.

The Avalanche blockchain community is cheering after the recent announcement of its partnership with tech giant Amazon. As per the latest development, Amazon’s cloud computing unit – Amazon Web Services (AWS) – shall be partnering with Avalanche to bring scalable blockchain solutions to businesses and government institutions.

As part of this partnership, it would be easier for individuals to launch their own nodes on the Avalanche blockchain. This would further result in more strength to the network and flexibility for developers.

AWS said that through its marketplace, it would be supporting Avalanche’s infrastructure and decentralized application (dApp) ecosystem while facilitating just one-click node deployments. A number of blockchain networks are currently using AWS to power their networks.

As per its website, nearly 25 percent of the total Ethereum workload in the world is currently running on AWS. Howard Wright, VP and global head of startups at AWS, said that this technology is natively “agnostic” supporting all blockchain protocols. However, this is still the first foundational partnership of AWS with any blockchain network. He added:

Looking forward, web3 and blockchain is inevitable. No one can call the time or date or quarter that it’s going to happen and it’ll be mainstream, but we’ve seen the cycles of growth before. The velocity of this one seems like it’s accelerating and we’re just excited to be a part of this.

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Soon as the news broke out, Avalanche’s native crypto AVAX shot up by 25%. At press time, AVAX is trading at $15.33 and has a market cap of $4.77 billion.

Ava Labs to Join AWS Activate

As part of the recent partnership, Avalanche’s parent firm Ava Labs will join AWS Activate thereby helping early-age entrepreneurs and startups to get started on the platform. Additionally, Ava Labs will also become a part of AWS partner network. This would give the firm access to deploy offerings on AWS to more than 100,000 partners in over 150 countries. Speaking to TechCrunch, John Wu, president of Ava Labs, said:

We have over 500 applications on the chain and we would love to give them a better experience and now we have a real partnership that we can direct to the Activate program. On top of that, our users are always looking for a better experience. The one-click node is an incredible way to do it.

Additionally, Ava Labs is planning for a subnet deployment as a service offering on the AWS marketplace. This would give both institutions and individuals the ability to launch their own custom subnets easily.

Subnets are a key part of Avalanche’s scaling solutions that seek to drive traffic away from the main blockchain. It also allows other projects to stake their AVAX while creating their own Layer-1 and Layer-2 blockchains. Wu added that going ahead Subnets will allow developers “to spin up their own blockchain, a full blockchain, in Amazon very easily”.

During the last quarter, Avalanche made five to six subnets live. But Wu notes that over 100 subnets that are currently in the testnet phase will be deployed over the next six to twelve months.

The recent collaboration between Avalanche and AWS will significantly accelerate the pace o initiatives at both of their ends. Ava Labs’ president also believes that this could lead to a major push in the Web 3 space. He noted:

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A lot of the developers and newer entrepreneurs are crossovers from web2 into web3, it’s no longer hard-core web3 people. And I think with them, they already have great experience with Amazon and having Activate and Avalanche will only make it easier for the crossover and it will be an accelerator and amplifier for that.

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About Author

Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fictions novels and sometimes explores his culinary skills.

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