Chainstack Case Study – Amazon Web Services (AWS)
Case Study Link: Chainstack Case Study – Amazon Web Services (AWS)
Description
Blockchain continues its rise across the globe. The decentralized and distributed digital ledger, consisting of records called blocks, is used to log transactions for popular cryptocurrencies such as Bitcoin. According to research firm Transparency Market Research (TMR), the global blockchain market is slated to be worth $20 billion by 2024.
Chainstack supports this market by simplifying developers’ access to cloud-based environments built with Web3, the Internet service used to build blockchains. Launched in 2018, the company hosts blockchain applications using more than 13 of the top protocols including Ethereum, Polygon, and BSC. Today, tens of thousands of global customers create solutions on the Chainstack platform. Eugene Aseev, chief technology officer and cofounder of Chainstack, says, “We provide easy access to blockchain APIs for Web3 developers, startups, and enterprises building blockchain solutions. Blockchain development uses a lot of compute and storage resources, and our solution helps developers overcome those challenges by relying on our managed services.”
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