Categories: Blockchain

Amazon Web Services Launches Partnership with QTUM in China

Amazon Web Services (AWS) China has announced an official partnership with Singaporean dApp platform, QTUM. AWS’ collaboration with QTUM launches the online retail giant down a new avenue for blockchain-based cloud computing.

Though the QTUM blockchain platform has been available through AWS for months, this partnership promises further support and resources for their existing clients and future growth.

An AWS/QTUM Partnership

QTUM and Amazon Web Services China are working together to make blockchain software development simpler and more accessible for their corporate clients.

Moreover, they will be offering blockchain-as-a-service (BaaS) solutions to their enterprise users. They plan to do so by gathering feedback from their users regarding the most prevalent use cases and providing guidance and resources in accordance with their findings.

Specifically, this partnership aims to assist corporate clients who are having difficulty executing their blockchain-based goals due to scalability-related issues.

Revolutionizing Smart Contracts

Specifically, this partnership will offer smart contracts.

This will allow AWS customers to develop and execute smart contracts in a way that is quick, simple, and cost-effective. These are agreements on the blockchain with pre-established and self-enforcing terms.

These smart contracts will use Amazon Machine Image (AMI). AMI provides the information a user requires to launch an instance, meaning a virtual service in the cloud, according to their user guide.

What’s Next For AWS?

As of now, Amazon Web Services members can get help in business, tech, sales, and marketing to better their businesses and client services.

And with their new partnership with QTUM, AWS will work to address their customers’ blockchain-specific needs. In essence, blockchain use cases will determine which services, in particular, are in high demand. AWS customers don’t necessarily have the software development resources to execute their desired blockchain solutions.

Overall, AWS and QTUM endeavor to help corporate clients to use blockchain to its full potential. Part of this means making blockchain technology significantly more accessible.

This is only one of many emerging blockchain platforms. IBM and Australia just launched a national blockchain of their own.

blocklr

The following articles are the opinions of Blocklr's editorial staff, not financial advice.

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