Qtum DApp Platform Joins Amazon Web Services

Qtum DApp Platform Joins Amazon Web Services
Jul 26, 2018 04:25 PM By: Ben Noble | 4118 Views

Singapore-based blockchain project Qtum declared on Wednesday it has launched its program for the development of decentralized applications (DApps) on AWS, Amazon’s cloud computing service.

The new partnership will allow AWS users to obtain the blockchain app and develop and deploy their smart contracts through the AWS platform. The 64-bit Amazon Machine Image (AMI) method provided by AWS is free of charge for registered users, which means there is no need for developers to buy the project’s native QTUM tokens to utilize the Qtum blockchain. A calculator on the platform estimates what infrastructure costs developers will possibly have to pay.

“Qtum is one of the most decentralized entities on the internet and AWS is one of the largest cloud providers in the world,” Qtum co-founder Patrick Dai said. “It is a perfect combination for users and the enterprise. We look forward to continuing making Qtum’s smart contract and D[A]pp technology available for what is arguably its most in-demand market, the enterprise.”

At present, 27 DApps are running on Qtum’s Ignition mainnet, including SpaceChain, which launched a satellite running on Qtum’s blockchain, and Pundi X, a provider of crypto point-of-sale (POS) terminals.

The Qtum blockchain has developed almost quickly, and a primary reason for that is that the Quantum Foundation did not start the project from scratch, but used open source code from the Bitcoin, Ethereum, and Blackcoin protocols. Devised to a large extent as an alternative to Ethereum, Qtum still has a long way ahead though, examining Ethereum currently runs over 1,000 DApps on its network.

Meanwhile, AWS’ appreciation of blockchain technology is steadily on the rise, as evident in the launch of the AWS Blockchain Templates product in April, letting clients buy pre-set blockchain frameworks. A partnership AWS followed the move inked with ConsenSys in May, which resulted in the creation of blockchain service Kaleido, trying to make the technology more accessible to businesses.

#Decentralized Applications #DApp #Amazon Web Services #AWS


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