VeChain Announces Partnership with Amazon Warehouse Services

Amazon Warehouse Services Will Integrate VeChainThor

“VeChain has announced that it has created a one click enabled solution for AWS FoundationCloud”

 

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By Block Society

 

Amazon Warehouse Services (AWS) has announced a partnership with VeChain which will result in AWS integrating Thor Blockchain with AWS CloudFoundation. VeChain will also join the AWS Partner network and receive technological, business and marketing support.  

VeChain launched its Blockchain-as-a-service (BaaS) in 2016, whichcombines NFC+RFID chips, blockchain encryption, identity verification technology, Internet of Things (IoT), cloud computing, and traditional enterprise IT services to provide a comprehensive IT solution utilizing blockchain technology.

Companies, including BMW, BYD Auto and D.B. Schenker have utilized VeChain’s BaaS solution since its initial launch. VeChain created a one-click solution for AWS to enable their customers to deploy in one click, eliminating the cumbersome manual deployment associated with the emerging industry.”

VeChain created a customized package for AWS, sharing that “VeChain is also adopting:

·         Amazon Elastic Compute Cloud (Amazon EC2) to deploy the VeChainThor mainnet to allow data uploading and smart contract deployment.

 

·         Amazon Relational Database Service (Amazon RDS) for data persistence and cost reduction. Deployment of Amazon Redshift will improve data analysis efficiency for enterprise customers, connecting the enterprise ERP system with the blockchain system to conveniently call smart contracts, and upload data through standardized APIs.

 

·         Amazon EC2, Elastic Load Balancing, and Amazon CloudFront on the application front to collect raw data from systems such as ERPs. At the back end of the applications, Amazon RDS will store and upload data to the blockchain through the interface.”

   

Several days before VeChain announced its partnership with AWS, the company shared that it hired additional team members in its United States and European offices in order to ‘to match the overwhelming number of inquiries from enterprises and developers in North America and Europe.’

 

 

VeChain has created innovative blockchain solutions to address a variety of issues that are persistent in supply chain management and has integrated stringent security protocols through the Thor Blockchain.

VeChain has offered solutions for a variety of industries, creating RFID chips and tracking technology that allows companies to follow products throughout the entire packaging and delivery process, patients to securely allow doctors to track their biometric data in real-time and enable smart chips to be embedded in luxury goods to validate the items authenticity.  

Several days before VeChain announced its partnership with AWS, the company shared that it hired additional team members in its United States and European offices in order to “to match the overwhelming number of inquiries from enterprises and developers in North America and Europe.”

VeChain successfully launched the VeChainThor mainnet in July 2018, offering RFID tags that tracked the entire history and characteristics of a product to address issues involving counterfeit goods and store the information on an immutable public blockchain. 

Amazon Warehouse Services is a Chinese based company owned by Amazon that offers data storage services. VeChain has strong partnerships with several companies throughout China and Southeast Asia, making the two companies an ideal fit for this endeavor. 

The move demonstrates that Amazon and large e-commerce businesses are looking to integrate blockchain technology to address supply chain and data storage problems and that VeChain is expanding its operations in anticipation of additional strategic partnerships and ventures.

 

 

 

Tiwari, Aisshwarya. 19 February 2019. VeChain (VET) Blockchain Deployment For Enterprise Now Possible With Amazon Web Solution. https://blockchainreporter.net/2019/02/19/vechain-vet-blockchain-deployment-for-enterprises-now-possible-with-amazon-web-services/

VeChain. 19 February 2019. AWS Services Enable One-Click VeChainThor Blockchain Deployment for Enterprise. https://medium.com/@vechainofficial/aws-services-enable-one-click-vechainthor-blockchain-deployment-for-enterprises-b114818ab7b6

VeChain. Solutions. https://www.vechain.org/#solutions.

VeChain. 15 February 2019. VeChain Expands the Team in North America and Europe. https://medium.com/@vechainofficial/vechain-expands-the-team-in-north-america-and-europe-85f1588e2322 

Zhechev, Lyubo. 3 August 2018. What is VeChain Thor (VET)? A Blockchain Platform Aimed to Digitize the Supply Chain and Tackle Counterfeit Goods. https://cryptovest.com/reviews/what-is-vechain-thor-vet-a-blockchain-platform-aimed-to-digitize-the-supply-chain-and-tackle-goods-counterfeiting/ Amazon Warehouse Services. About. https://aws.amazon.com/data-warehouse/

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