VeChain (VET) is becoming a bigger network with its collaborations with different firms. Especially the partnership with Amazon is really a key for its long-term progress. A few days back, VET one of the leading enterprise-friendly public cryptos made an announcement regarding the launch of integrated one-click solution into the Amazon Web Services (AWS) Cloud, which allows a host of enterprises to deploy quick, secure and compliant blockchain applications.
The Blockchain as a Service (BaaS) allows different business to build up and utilize their own blockchain applications without knowing any sort of technicality. So, all the smart contracts are suitable for the cloud.
The VeChain Blockchain BaaS solution was basically launched in 2016. The Blockchain as a Service combines different solutions which include, blockchain encryption, NFC+RFID chips, identity verification, and enterprise IT services which are used to provide a complete IT solution.
The collaboration with AWS will really boost up the entire VeChain (VET) network. With this one-click, VET’s BaaS solution will allow its users to utilize the AWS Cloud Form which would provide the customer to deploy in one-click, without going through any sort of lengthy process. The e-market has been a revolution and the partnership with the world’s biggest e-network would bring great stability for VET in the market for the long-term. This would ultimately end up in growing mass adoption.
The cooperate vice-president of AWS China, Alex Yung stated that they welcome VeChain to be part of their campaign and deploy one of the leading BaaS Solution on AWS. The Amazon Web Services has a great security structure and services with substantial compliance certification. AWS provides a well-organized and global infrastructure.
Moreover, the VeChain (VET) BaaS Solution has one great advantage because of VET’s collaboration with DNV GL’s and through its compliance process it will provide more security and the entire system would work together because DNV GL’s provides VET customers with additional security which is a part of their partnership.
So, this AWS news has pushed VeChain to a higher point in the market and most of the altcoins are trading in reddish trend. The market is moving downward, but VET has still coped up with this bear situation and it is due to the AWS allowing One-Click VeChainThor blockchain deployment for enterprises. Such progressed would bring in a lot of steadiness into the VET network and it would become a much bigger blockchain project that could take over as one of the biggest cryptos in the market.
At the time of writing, VeChain (VET) was trading with a price of $0.00456 USD with an upward trend of 5% in the last 24 hours. It was one of the leading cryptos of today’s market (22nd February 2019). The market cap of VET was around $253 million and the trading volume was $15 million. The investors now the market has shown indications of bull run and VET is picking up momentum and it has been active with its developments. So, VeChain can be worth of HODL.