QTUM has announced a ground-breaking partnership with Amazon Web Services (AWS). Together, QTUM and AWS will be working toward expanding blockchain service offerings in a move towards establishing Blockchain-as-a-Service (BaaS) through AWS. These services will be focused primarily on creating the bases for enterprise-grade solutions, an identified need within the BaaS model of AWS enterprise customers.

QTUM is providing a smart contract development platform on AWS. AWS users and developers will now have the ability to develop and launch smart contracts via an Amazon Machine Image (AMI) that contains Qtum Core, Solidity, and Qmix web IDE quickly, efficiently, and cost-effectively. As the platform grows and develops, AWS and QTUM will expand their service offerings to include features explicitly built for end users, developers, and enterprise customers.

With over 5,000 nodes worldwide, QTUM is the ideal initial BaaS partner for AWS. Complete and fully functional QTUM nodes can launch in just 2 minutes, with all the necessary development tools and libraries. The QTUM platform uses a proof-of-stake (PoS) consensus model to reduce the computational challenges and increase scalability throughout the platform. QTUM also supports a free-tier of AWS EC2 instances.

QTUM’s hybrid platform uses an Account Attraction Layer as an interface to merge a bitcoin-style blockchain with the Ethereum Virtual Machine, making it simpler to build broad-based decentralized applications.

“Qtum’s launch on the AWS marketplace provides an easy-to-use and powerful cloud-based solution for end users and enterprise. Anyone who wants to develop and build dapps on the Qtum platform or use it as a staking node will benefit from this,” said the Qtum Foundation’s CIO, Miguel Palencia.

This partnership marks QTUM as the first free and open-source blockchain to sign with AWS. QTUM and AWS have been in discussions since April 2018 to make the union a reality. QTUM, displayed in the AWS marketplace, has a 5-star rating and an already growing customer base.

Through this partnership, QTUM and AWS have created an exciting and valuable contribution for enterprise and individual blockchain end users alike.