Amazon Web Services (AWS) has announced a partnership with Avalanche to drive adoption of blockchain solutions among institutions around the world. As part of the alliance, AWS now supports Avalanche dApp infrastructure. Ava Labs plans to add its subnetting implementation as a service to the AWS marketplace. Following the news, Avalanche’s native token, AVAX, skyrocketed more than 25%.
This was reported by the TechCrunch site recently:
Partnership Benefits
The partnership between Avalanche and AWS will allow AWS users to take advantage of Avalanche technology to improve the scalability of their dApps, allowing enterprises and governments to adopt blockchain technology for their applications. In addition, it allows users to take advantage of AWS’s industry-leading security and competitive pricing for their blockchain solutions.
AWS vice president and global head of Startups Howard Wright added to the statement:
At AWS, our goal is to bring the latest technologies to builders, whether they’re in a multi-billion dollar company, a government office, or a dorm room. Avalanche’s new capabilities enable us to do just that.
Advantages of Avalanche Technology
Avalanche offers a high-performance, secure, and scalable blockchain platform. This platform allows developers to build and test blockchain solutions without having to worry about scalability issues, thereby accelerating the adoption of blockchain technology. The platform also has tools for making smart contracts, trading digital assets, and more advanced security features.
Partnership Implications
This partnership between AWS and Avalanche will have a huge impact on the blockchain ecosystem. This will allow companies and governments to benefit from the benefits of blockchain technology without having to invest in the necessary infrastructure to implement it. This partnership could also help increase the adoption of blockchain technology among institutions. Also, the fact that AVAX prices have gone up shows that this partnership will be good for both companies.
Impact on the Blockchain ecosystem
Amazon Web Services has partnered with Avalanche to drive adoption of blockchain solutions among institutions around the world. This partnership will allow AWS users to take advantage of Avalanche technology to improve the scalability of their dApps. Additionally, Avalanche offers a high-performance, secure, and scalable blockchain platform. This partnership will have a huge impact on the blockchain ecosystem and will help increase the adoption of blockchain technology among institutions.
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