The Avalanche network dev team established a partnership with Amazon Web Services.
Avalanche is a decentralised, open-source proof-of-stake (PoS) blockchain with smart contract functionality. AVAX is the native coin on the Avalanche network. In terms of 24 hours global trade volume of its native coin, this crypto project is standing at 17th rank in the crypto industry.
On 11 Jan 2023, Ava Labs, a developer team behind the Avalanche crypto project, announced that it collaborated with Amazon Web Services (AWS).
The main initiative of this partnership is focused to easily implement the node running services on AWS, within the matter of clicks. So basically it will be easy for the devs to implement Decentralised Apps (DApps) to easily run on AWS GovCloud.
Emin Gün Sirer, CEO of Ava Labs, noted that Amazon’s AWS already supported Avalanche environments in the past, which made the DApp devs easily deploy testnet nodes on AWS.
So now, Ava Labs CEO believes that the new partnership will allow the DApps devs to bring more innovations with this extended collaboration.
Ava Labs CEO said:
” I’m proud that we’ve implemented a protocol that can accommodate millions of participants with near-instant finality. Our work with Amazon can accelerate the positive impact of Avalanche.”
Earlier this, a similar kind of Ava Labs’ partnership came to light with Alibaba cloud services, in Dec 2022. It is worth noting that Amazon has its own Crypto & Blockchain team but has no plans to accept cryptocurrencies. In July 2021, a few rumours claimed that Amazon planned to accept cryptocurrencies but later Amazon officially denied all such reports.
Avax price action
Due to this news, the AVAX coin surged rapidly. At the time of writing this article, the price of the AVAX coin is $15.16 and this price is 21.55% higher over the last 24 hours’ trade price.