Market Analysis Report (12 Jan 2023)

Market Analysis Report (12 Jan 2023)

Market Analysis Report (12 Jan 2023) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Amazon Web Services (AWS) has formed a partnership with the company building out layer-1 blockchain Avalanche, Ava Labs, to help scale blockchain adoption across enterprises, institutions and governments.

Howard Wright, VP and global head of startups at AWS, was quoted saying that “web3 and blockchain is inevitable,” adding that no one can tell when the technology will go mainstream, but that “we’ve seen cycles of growth before.”

The partnership is set to make it easier for individuals to launch and manage nodes on the Avalanche network, while aiming to strengthen the network and improve flexibility for developers.

AWS will provide support for Avalanche’s infrastructure and dApp ecosystem through its marketplace, including one-click node deployments. Additionally, Ava Labs will also join the AWS Activate program, which assists startups and early-stage entrepreneurs in getting started on the AWS platform.

Ava Labs intends to make its Subnet deployment available as a managed service on the AWS marketplace, allowing both individuals and institutions to easily launch custom Subnets. These Subnets are a part of Avalanche’s scaling solution and allow traffic to be diverted away from the main blockchain, enabling projects to stake AVAX and create their own layer-1 or layer-2 blockchains.

Ava Labs also became a member of the AWS Partner Network (APN), allowing it to deploy its offerings on AWS alongside more than 100,000 partners in over 150 countries.

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