Amazon chooses Avalanche to bring scalable blockchain solutions
- Amazon said AWS will support Avalanche’s infrastructure and DApp ecosystem to further facilitate one-click payments.
- Avalanche also plans to develop subnets on the AWS Marketplace, allowing individuals and institutions to launch their own subnets.
The Avalanche blockchain community is rejoicing after the recent announcement of its partnership with tech giant Amazon. According to the latest developments, Amazon’s cloud computing unit – Amazon Web Services (AWS) – is set to partner with Avalanche to bring scalable blockchain solutions to businesses and public institutions.
This is a #AvalancheSpaces you don’t want to miss! The AWS team joins Ava Labs for a deep dive into how #Avalanche is well positioned to scale blockchain adoption across businesses, institutions and governments.
📆 Thurs. January 12
⏰ 1 p.m. ET
Set a reminder: pic.twitter.com/qCSQKpqYse— Avalanche 🔺 (@avalancheavax) 11 January 2023
As part of this partnership, it would be easier for individuals to launch their own nodes on the Avalanche blockchain. This will further result in more strength to the network and flexibility for developers.
AWS said that through its marketplace it would support Avalanche’s infrastructure and decentralized application (dApp) ecosystem while facilitating one-click node deployments. A number of blockchain networks currently use AWS to power their networks.
According to their website, almost 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 this technology is inherently “agnostic” and supports all blockchain protocols. However, this remains the first foundational partnership of AWS with any blockchain network. He added:
Looking ahead, web3 and blockchain are inevitable. Nobody can call the time or the date or the quarter that it’s going to happen and it’s going to be mainstream, but we’ve seen the growth cycles before. The speed of this one seems like it’s accelerating and we’re just happy to be a part of it.
As soon as the news broke, Avalanche’s initial crypto AVAX surged 25%. At press time, AVAX is trading at $15.33 and has a market capitalization of $4.77 billion.
Ava Labs to join AWS Enable
As part of the recent partnership, Avalanche’s parent company Ava Labs will join AWS Activate to help early stage entrepreneurs and startups get off the ground on the platform. In addition, Ava Labs will also become part of the AWS partner network. This will give the firm access to distribute 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 in the chain and we would like to give them a better experience and now we have a real partnership that we can lead 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 that.
In addition, Ava Labs is planning a distribution of subnets as a service offering on the AWS market. This will give both institutions and individuals the opportunity to launch their own customized subnets in a simple way.
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 AVAX while creating their own Layer-1 and Layer-2 blockchains. Wu added that continuing Subnets will allow developers “to spin up their own blockchain, a full blockchain, in Amazon very easily”.
During the last quarter, the Avalanche made five to six subnets live. But Wu notes that over 100 subnets currently in the testnet phase will be deployed in the next six to twelve months.
The recent collaboration between Avalanche and AWS will significantly accelerate the pace of initiatives on both ends. Ava Labs’ president also believes that this could lead to a major push in the Web 3 area. He noted:
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Many of the developers and newer entrepreneurs are crossovers from web2 to web3, there are no longer hardcore web3 people. And I think with them, they already have good experience with Amazon and having Activate and Avalanche will just make it easier for the crossover and it will be an accelerator and amplifier for that.
