Amazon Web Services Chooses Avalanche to Step Up Blockchain Adoption by Enterprises, Institutions and Governments
Ava Labs Inc., a blockchain company, has partnered with Amazon Web Services Inc. in an effort to expedite commercial, institutional, and governmental blockchain deployment.
AWS will serve Ava’s Avalanche architecture and decentralized application network, including single-click node deployment via the AWS Marketplace, under the terms of a collaboration announced today. Avalanche node operators are now able to deploy AWS GovCloud for FedRAMP compliance usage scenarios. Additionally, Ava Labs has become a participant of the AWS Partner Networks, enabling clients to implement customized products on AWS.
Ava Labs intends to bring subnet installation as a management solution to the AWS Marketplace, enabling customers to instal bespoke subnets with a few mouse clicks. The service will offer functionality to disperse validators used to protect the subnet throughout many regions and availability zones in order to increase the function’s resilience. Subnets, as defined by Ava Labs, are “essentially ‘blockchain-as-a-service’ protected by a percentage of Avalanche verifiers,” which are computers committed to preserving the integrity of a blockchain.
Ava Labs and Amazon Web Services are now partnering on seminars for entrepreneurs and programmers, such as Avalanche Summit, Avalanche Creates, and hackathons. The partnership intends to assist Avalanche clients in achieving their objectives. Emin Gün Sirer, founder and CEO of Ava Labs, stated in a Medium article that the ability for individual and business coders to establish nodes and trial networks on the go using AWS in whichever territorial jurisdiction makes the biggest appeal for them.
AWS’s vice president and worldwide chief of startups, Howard Wright, stated, “At AWS, we are committed to providing the most state-of-the-art technology to developers… The additional capabilities provided by Avalanche make this possible.”
As per Bitcoin.com, the news caused Avalanche’s native crypto token AVAX to increase in value by 16.2%. Ava Labs was recently mentioned in the press in April when it received $350 million at a value of $5.25 billion. CMS Holdings, Dragonfly, Polychain, and Republic Crypto are among the prominent investors.
It has been a terrible year for enterprises in the blockchain and digital currency industry, beginning with a fresh “cryptocurrency winter” and culminating with the bankruptcy of crypto exchange FTX in November. Despite the fact that Ava Labs is not insulated to larger market dynamics — the AVAX crypto token is off 89% from its all-time peak — the partnership with AWS represents a vote of trust as the market continues to suffer.