Singapore-based Qtum has launched its decentralized application (DApp) development platform on Amazon Web Services (AWS). With this launch, AWS users and developers will be able to develop and launch smart contracts using an Amazon Machine Image (AMI), made up of Qtum Core, Solidity and Qmix web IDE.
Qtum is a hybrid platform, developed by the Qtum Foundation, which uses the Account Attraction Layer, an interface layer, to merge the strength of Bitcoin’s blockchain with the Ethereum Virtual Machine to build decentralized applications. Designed as a toolkit, the platform uses the proof-of-stake model to reduce the network’s computational difficulty while mitigating and solving scalability.
Speaking to Bitcoin Magazine, Qtum Foundation CIO Miguel Palencia said, “Qtum’s launch in the AWS marketplace provides an easy-to-use and powerful cloud-based solution for end users and the Enterprise. Anyone who wants to develop/build DApps on the Qtum platform or use it as a staking node will benefit from this.”
One of the benefits of using the new Qtum AMI on AWS is the ease of getting started on the blockchain without the “hassle of handling dependencies.” The platform makes it possible for anyone to run a Qtum node or use Qtum pre-installed to launch a server on its mainnet or testnet.
According to Palencia, this is what makes the Qtum technology attractive to both small and large businesses. Companies can launch the servers without “having to spend a large amount of resources on infrastructure.” The Qtum AMI is also free for AWS customers to deploy a Qtum instance (server). Users can deploy a test network on the instance to simulate a public blockchain without paying a fee.
Among some of the features of the Qtum AMI is a Qmix development IDE — the development libraries and tools created for the desktop QT wallet — which launches by default. Users will also get the Qtum and Solidity compiler needed for building and executing smart contracts.
Amazon Web Services has been quite active in the blockchain space since it opened its arms to blockchain startups in 2016. Earlier this year, ConsenSys partnered with AWS to launch Kaleido, a service similar to Qtum’s, which simplifies the adoption and implementation of blockchain technology.
The difference between Qtum’s offering and Kaleido, according to Palencia, is that Qtum is not strictly for enterprise, “but for end users, as well as anyone wanting to create and build something on the Qtum blockchain.”