The tech world is buzzing as Ava Labs, the powerhouse behind Avalanche's layer 1 blockchain, unveils AvaCloud, a revolutionary 'no-code' Web3 launchpad. This groundbreaking tool empowers businesses to build fully managed, custom blockchain ecosystems, faster, cheaper, and with reduced risk.
AvaCloud offers four key components - an automated blockchain builder, managed validators, extensive data tools, and chain interoperability. The automated blockchain builder equips companies with a no-code blockchain portal, complete with 24/7 technical support and a dedicated infrastructure team. Moreover, managed validators ensure seamless installation and updates, and comprehensive data tools offer insights from across the Avalanche network and Ethereum blockchain.
Recently, Ava Labs introduced Avalanche Warp Messaging, facilitating native communications between all Avalanche subnets. This suite of innovative tools allows users to swiftly create a free testnet, launch onto the mainnet, and progressively add functionalities as they grow.
Nicholas Mussallem, Senior VP of Product at Ava Labs, elucidated that AvaCloud accelerates the rollout of Web3 products while lowering the risk, eliminating the need for specialized blockchain-focused employees.
He further pointed out that public blockchain networks often fall short of the requirements of businesses and government entities, either due to regulatory shortcomings or being too expensive and slow.
"With AvaCloud, industries with stringent regulations can leverage the advantages of blockchain tech, thanks to the ability to tailor validator requirements such as KYC and privacy. This paves the way for traditional finance adoption, HIPAA compliance, government programs, and much more," Mussallem added.
Ava Labs claims that the new tool will create enhanced revenue opportunities and foster a cloud-based infrastructure ready for mass adoption in blockchain. AAA game studio Shrapnel and Korean giant SK are among the early adopters of AvaCloud.
Ava Labs continues to expand its product offerings, catering to both Web2 and Web3 audiences. It has already roped in financial institutions like Deloitte, T. Rowe Price, and WisdomTree into its ecosystem. As of May, Alibaba's cloud division established a launchpad for businesses to deploy metaverse spaces on the Avalanche blockchain.
