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Amazon partners with Digital Currency Group

Amazon partners with Digital Currency Group

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Always more companies are developing a private blockchain for their security reasons or aim at using the bitcoin blockchain for their business objectives.

In the latest blogs, in fact, we talked about companies such as DARPA or AirBnB who plan to use the blockchain for their private goals.

The “blockchain as a service” partnership

Well, today we want to talk about Amazon Web Services (AWS) who recently announced its collaboration with Digital Currency Group (DCG), one of the most important investors in the blockchain, to provide to DCG’s startups a secure place to work and a technical support for their projects related to bitcoin.
Amazon Web Services, in fact, provides cloud computing services for websites and applications, so the blockchain could be very useful to improve their database security and other objectives.

The DCG empire

The DCG startups portfolio includes almost 100 Bitcoin companies from all around the world, including Chain and RSK and recently it received a big investment from Mastercard, Western Union, New York Life, Canadian Imperial Bank of Commerce and more.
In a recent post, Amazon Web Services developer Scott Mullins explained the partnership between AWS and DCG.
“Today in financial services, distributed ledger technology is at the forefront of any discussion related to innovation. AWS is working with financial institutions and blockchain providers to spur innovation and facilitate frictionless experimentation. DCG is a recognized leader in distributed ledger technology, and we are excited to work with them and their portfolio companies to provide laboratory environments for enterprise experimentation with blockchain technology on AWS”.

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Amelia Tomasicchio
Amelia Tomasicchio

Amelia Tomasicchio is a content writer and marketer of Bitcoin-related news and fintech startups. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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