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Ava Labs Partners With AWS To Accelerate Blockchain Adoption

blockchain

Cryptocurrency platform Avalanche (AVAX) has announced a partnership with Amazon Web Services (AWS), with the goal of promoting widespread adoption of blockchain technology by governments, enterprises, and more.

The partnership with AWS, which is backed by Amazon, will allow Avalanche to provide decentralized application services to its users through its scalability and speed, making it a strong rival to Ethereum. Avalanche is the first blockchain partner of the AWS platform.

The collaboration aims to make it easier for developers to launch and manage nodes on Avalanche, with the help of AWS infrastructure and Avalanche decentralized applications (dApps).

Additionally, AWS will support the Avalanche dApp ecosystem and deploy subnets on the Amazon Marketplace, allowing individuals and organizations to self-manage customized subnets.

Emin Gün Sirer, CEO of Ava Labs, the organization behind Avalanche, stated: “It’s a huge benefit for both individual and corporate developers to be able to quickly build nodes and test networks with AWS in any supported jurisdiction.”

The news of the partnership caused a surge in the price of AVAX, with reports suggesting a 30% hike in the token’s value. The partnership is expected to attract more participation from retail segments in the market, by making decentralized finance (DeFi) more accessible and easier to understand.

This partnership marks AWS’ first partnership with a blockchain project, with previous blockchain projects like Ethereum using AWS to power their networks.

AWS is a widely-used cloud platform that offers a variety of services such as storage, database, computing, and more, through data centers set up in over 20 nations in 100-plus regions.