The Significance of 0chain’s AWS and Oracle Partnerships

In the brief, decade long history of the crypto space, it has experienced its fair share of misleading news. We understand and appreciate the healthy skepticism of our recent partnership announcements (not so much the inflammatory comments about buying something on Amazon so that makes us a partner).

From a non-crypto perspective, we are a startup building a cloud solution we want to market to enterprises. We’re acting our age — operating precisely how a Silicon Valley startup would at our stage of development. Our team is putting in thousands upon thousands of man hours on code, writing our own IP to leapfrog the market with better, more efficient software solutions.

The Enterprise market is equally skeptical of blockchain/cryptocurrency, and partnerships with AWS (world’s largest cloud provider) and Oracle (one of the Largest SaaS, Cloud provider) help us gain immediate credibility. Access to their customer base and being formally recognized as a “partner” is a valuable requirement to begin discussions with many Enterprise customers nervous about blockchain/crypto, and concerned about compliance, security, high availability and economic viability from their vendors. Presenting visibility to these relationships by publishing articles announcing and describing them are also important.

Both of our partners to date have provided investments in people and money relative to the costs of porting/building our system to run on their platforms. Our global DevNet is expensive to run and AWS has been very generous to date in deferring those costs in large part, and to say more would betray trust with them and create other issues.

To build lasting real demand for ZCN in the Enterprise space, partnerships with industry leaders like AWS and Oracle are exactly what a CIO or VP of IT would want to see to feel comfortable moving forward with a pilot/trial or take the first meeting. Some of our best early prospects have been through introductions made by executives at these firms. SO, while we understand the skepticism from a crypto lens, we need to build credibility and viability with Enterprise skeptics as well and these partnerships help.

Regards,

Phil