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VeChain at Amazon Web Service (AWS) Beijing Summit 2019

The Amazon Web Service (AWS) Beijing Summit was started from July 31, 2019. The event is organized for free and it is a place where cloud computing community comes together to make connections, to collaborate and to gain more knowledge about the AWS.

The interesting thing is that VeChain from the cryptocurrency market has also participated in the summit because it is the AWS’s blockchain technology partner and the AWS’s partner network APN’s member. The summit was a very celebrated one and around 150 guest speakers from the different companies or firm such as IBM, Xiaomi, and Deloitte experts were invited. Also, 200 APN partners were present. The summit is very focused on cloud computing technology and its inventions and around 15,500 participants from all over China attended this summit.

The AWS and VeChain collaborated in starting of 2019 and in February, VeChain has declared to introduce the integrated solution of the AWS cloud platform to initiate the VeChainThor Blockchain Nodes one-click deployment. This the starting point of the strong support between the AWS and VeChain regarding technology, development and in the market strategies.

The CTO of the VeChain, Mr. Gu Jianliang has also attended the summit as “keynote speaker.” And in his speech the CTO Mr. Gu has launched the one-halt blockchain technology as a service solution “VeChain ToolChain”. The ToolChain has the powered to assimilate the NFC/RFID chips, mobile devices to decrease the threshold for acquiring the blockchain technology and the IoT sensors. The VeChain ToolChain has other features too and a person not from tech background can make their blockchain solutions of the business.

The alliance of the AWS and VeChain is fruitful for both of them. According to Mr. Gu,

“On the one hand, it allows enterprises to deploy quick, secure, and compliant blockchain applications, which is essential to promote the mass adoption of blockchain technology. Other than that, the blockchain technology provided by VeChain can be leveraged to create value for AWS’s clients. More importantly, the interaction and exchange between the VeChainThor ecosystem and that of AWS are giving rise to new business models and application scenarios, which brings opportunities for the two.”

The VeChain ToolChain based blockchain solutions are successfully merged into different industries and various sectors that are FMCG, Wine, Food and Beverage, Luxury, Healthcare, Automobile and many more. The solutions of the ToolChain are Digital Carbon Ecosystem, Consumer Confidence Index and Liquefied Natural Gas Solution. The business using these solutions are having a great time and they are enjoying flow in their work, better transparency, increased security, and better traceability.

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About Arushi Dubey

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Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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