Division Amazon Web Services (AWS) in China entered into a partnership with project Qtum development in the area of public blockchain.
Partnership of a cryptocurrency project with a market capitalization of 325 million dollars and the cloud computing giant will focus on developing blockchain-as-a-service (BaaS) solutions to enterprises and developers.
In a press release Qtum said that due to this cooperation, users of Amazon Web Services will be able to engage in "rapid, efficient and inexpensive" development and launch of smart contracts via Amazon Machine Image (AMI).
Simon Wang, head of territory business development at AWS China, said:
"Qtum has really become a technology partner of AWS and one of the members of the partner network".
In early 2017, the Singapore company Qtum raised one million dollars from the founder Decentral.tv Anthony Di Iorio, OKCoin CEO Star Xu, BitFund founder Xiaolai Li and other large investors. In the same year, Qtum launched its public blockchain.
Release of Amazon Machine Image, which created on the basis of the platform Qtum, was listed on marketplace in July of this year. Qtum's marketing director, John Scianna claims that after the release of AMI, the company began seriously to consider the possibility of a full-fledged technological cooperation with AWS.
Qtum's chief information officer Mike Palencia said:
"Participants in the Amazon partner network will receive technical, sales and marketing resources to expand its business and support customers. In the case of Qtum, startup and AWS will work together to receive client feedback concerning the most popular solutions and provide guidance to those clients that don't have much software development resources themselves. Together with Amazon we will be working on establishing communication with various clients. We will look for the use of our solutions by companies in need of these solutions. Some clients have their own ideas and can implement them on their own. The rest need our direct support".