Amazon Web Services (AWS) has partnered with Ava Labs.
AWS will provide infrastructure and support for Avalanche's decentralized application (dApp) ecosystem.
Within hours of the announcement, AVAX's price increased by 30%.
Service provider, has partnered with Ava Labs, a blockchain technology company. Through the partnership, AWS aims to help accelerate blockchain adoption across multiple industries.
The partnership intends to make it easier for individuals and organizations to establish and operate nodes on Avalanche, Ava Labs' layer-1 blockchain. Also, to increase the network's strength and flexibility for developers.
AWS will support Avalanche's infrastructure and dApp ecosystem through its marketplace, as well as one-click node deployments. Ava Labs will also join the AWS Activate program, which assists startups and early-stage entrepreneurs in getting launched on the AWS platform.
The move is a big advancement for blockchain technology since it makes it more accessible and easier to use for individuals and organizations. Avalanche has already been used to power a number of blockchain networks, and with AWS support, this number is expected to grow. Ava Labs President John Wu said,
“We have over 500 apps on the chain that we would like to upgrade, and we now have a true connection that we can direct to the Activate initiative.”
This partnership also signals a new age for blockchain technology as a whole, as it is AWS's first foundational partnership with a blockchain company. Ava Labs also intends to bring Subnet deployment as a managed service to the AWS marketplace, allowing individuals and organizations to quickly establish their own unique Subnets.
Subnets are an important component of Avalanche's scaling solution since they channel traffic away from the main blockchain. This allows projects to stake AVAX, the native token, while developing their own layer-1 or layer-2 blockchains.
Howard Wright, VP and Global Head of Startups at AWS, stated in a statement:
“When you multiply Activate by Avalanche by Subnet, you have something that is fundamental. I believe blockchain [technology] will become widespread and adopted by developers in our economy.”
This partnership is a clear indication that blockchain technology adoption is going to grow and become more popular in the near future. Ava Labs is ready to make a large effect in the world of blockchain with the backing of a major company like AWS. Also, it's an exciting time for technology as a whole.
Within hours after the announcement, the price of AVAX, the native token of the Avalanche ecosystem, increased by 30%. At the time of writing, the AVAX token is trading at a price of $15.9.