AVA Labs enter into partnership with Amazon Web Services to accelerate the introduction of blockchain, Avax jumps by 16 % - blockchain
AVA Labs enter into partnership with Amazon Web Services to accelerate the introduction of blockchain, Avax jumps by 16 % - blockchain
AVA Labs, the team behind the Layer One (L1) Smart Contract Platform Network Avalanche, has received a partnership with Amazon Web Services (AWS). Founder and CEO of AVA Labs, Emin Gün Sirer, said that the collaboration was a "big thing" and compared to other blockchain announcements that affected AWS, he insisted that this partnership was "sensible".
founder and CEO of AVA Labs, Emin Gün Sirer, comments on the collaboration with Amazon Web Services
according to ava labs The company behind the blockchain network avalanche (avax), with which the company has entered into a partnership Amazon web services (AWS) for "accelerating the introduction of blockchain by companies, institutions and governments". The team published the announcement on 11th January 2023 and said that AWS will support the Avalanche network and the ecosystem of decentralized applications (DAPP). "It is critical that operators of Avalanche nodes can enter AWS Govcloud Pro Federamp Compliance application-an important ability and prerequisite for companies and governments " described.
"At AWS everything is about making builders available to the latest technologies, regardless of whether they are sitting in a multi-million dollar company, a government office or a dorm," Howard Wright, VP and Global Head of AWS startups. "The new functions of Avalanche enable us. We are very happy to include an innovator like AVA Labs in our partner network and to support new tools for the infrastructure and the ecosystem of Avalanche and to help to extend the introduction to new regions and customer segments."
The founder and CEO of AVA Labs, Emin Gün Sirer , commented on Wednesday afternoon Eastern Time. "This is a big thing", Gün Sirer tweeted . "It is not the 'AWS partnership announcement' of your grandfather. Let me explain it in simple English. In the past, other chains have paid for to host a few knots, and [Have] put this as" AWS partner with some chain. "In reality" some chain "-they were a customer of AWS. There was no sensible partnership. ”
The manager of AVA Labs :
This announcement is the opposite. AWS recognizes how blockchains develop, with sub-networks that serve as appchains, and wants to be one of the hosting providers for the many subnets that are about people. Avalanches Natural token Avax rose by the news and rose by 16.2 %compared to the US dollar. Seven-day statistics show that Avax has risen by 29.1 % and the market capitalization of the crypto asset is the 19th largest today. AVAX is traded between $ 12.31 and $ 14.83 per unit in the last 24 hours. The AVAX crypto market capitalization is on January 11, 2023 at 4:00 p.m. Eastern Time at $ 4.51 billion. Despite the rapid increase on Wednesday afternoon after the AWS announcement, Avax is still 89 % below the all-time high of $ 144.96 on November 21. 2021. How Solana (sol) lawine ( Avax ) suffered great success during the crypto winter, and since Avax was once a top ten cryptocurrency candidate, it is difficult to keep a position under the threshold of 20th place. What effects will you think this partnership between AVA Labs and Amazon Web Services has on the future of blockchain introduction in companies? Share your opinion on this topic in the comment area below. Bedy verification : Shutterstock, Pixabay, Wikicommons 