The Chinese branch of Amazon announced its cooperation with the Qtum blockchain.

The Chinese branch of Amazon announced its cooperation with the Qtum blockchain.

According to a press release issued by the Qtum team, AWS users will now be able to “quickly, efficiently and cheaply” develop and run their own smart contracts using Amazon Machine Image (AMI).

Simon Wang, head of business development for AWS in China, confirmed the partnership, and told Coindesk in an email: “Qtum is now an AWS Partner and a member of the Partner Network.”

Qtum, a Singapore-based startup, raised $1 million in January 2017 from investors such as Anthony Di Iorio, OKCoin CEO Star Xu, and founder BitFund Xiaoliai Li. The Qtum blockchain was launched a year ago. 

Qtum AMI was placed on the AWS site in July, and the two companies began negotiations regarding cooperation in April, said Qtum Marketing Director John Syaina. 

According to the company's website, members of the Amazon affiliate network receive technical, sales and marketing resources to promote their business and support their customers. In the case of Qtum, its developers are partnering with AWS to get better feedback from Amazon customers on cryptocurrency use cases, as well as to provide guidance to customers who don't have their own software development resources.

Qtum Chief Information Officer Mike Palencia said:

Our collaboration with Amazon will help us reach customers more effectively. We analyze use cases for cryptocurrencies and the best way to do this is to partner with companies that provide those use cases. Some of our clients have their own ideas and their own developments, some of them feel the need to contact us directly and receive advice. 


You May Also Like

32018-07-09

Turkcell will switch to global blockchain

Turkey's largest mobile operator Turkcell announced today that it will collaborate with fast-growing blockchain consortium Carrier Blockchain Study Group (CBSG).

Blockchain
22018-11-29

South Korea is testing an online voting system on the blockchain

If the test is successful, a cloud-based blockchain voting system will soon be launched in South Korea. According to The Korea Times, development of the system will be completed in December. South Korea's National Election Commission and the Ministry of Science and IT have jointly developed a system that will improve the security and reliability of online voting.

Blockchain

Latest articles from Blockchain category

Fresh video on our Channel