IOST Token Flys After Integrated With Amazon Web Services

JAKARTA - IOST and Amazon Web Services (AWS) have announced their integration to increase Web growth by 3.0. This information was responded to by the increase in the price of IOST tokens.

The IOST blockchain protocol, which is decentralized and known for its speed, will work closely with AWS to strengthen its ecosystem and improve related Web3.0 solutions such as DeFi, NFT, GameFi, Web 3, and metaverse.

"This partnership is an important milestone as we collectively work to realize the full potential of Web 3.0. With the support of AWS infrastructure and expertise, we believe in our ability to expand and strengthen the IOST ecosystem," the official IOST announcement reads.

Through collaboration with AWS, IOST will use the strength of AWS' global computing network, Artificial Intelligence (AI) and Machine Learning (ML) devices, as well as decentralized IT architecture to create a secure and distributed digital economy system. This blockchain protocol has a Proof-of-Belief consensus mechanism and has its own nodes and functional wallets.

AWS is the largest cloud service provider in the leading Web2 and Web3 ecosystem. Since the emergence of blockchain technology, AWS has teamed up with Web3 startups to offer customized support and drive scalability.

The partnership between IOST and AWS will help develop the Web 3.0 world and strengthen the IOST ecosystem. It has also pushed the growth in IOST coin prices, which rose more than 8 percent to 0.01208 US dollars.

This partnership demonstrates cloud service efforts to apply blockchain functionality in order to compete with similar companies such as IBM, which are expected to provide positive benefits for both parties.