💎 Avalanche (AVAX).
🔹 Here are the most prominent partnerships that Avalanche (AVAX) has with centralized companies:
2. Amazon Web Services (AWS):
Avalanche has partnered with Amazon Web Services (AWS) to facilitate the deployment of decentralized applications (dApps) and private blockchains on the AWS platform. This partnership makes it easier for developers to use AWS’s advanced cloud infrastructure to deploy applications on the Avalanche network.
3. Mastercard:
Avalanche has partnered with Mastercard through the “Start Path Crypto” program, a program that aims to support startups in the field of digital currencies. This program helps to expand the scope of startups that rely on blockchain and gives them access to a wide network of partners and investors.
4. Visa:
Avalanche has partnered with Visa to support the financial infrastructure in some cases, as some financial applications on the network have been enabled to use Visa solutions to facilitate financial transactions between individuals and institutions.
5. Enbridge:
Enbridge, one of the largest energy companies in North America, has partnered with Avalanche to explore the use of blockchain technology to improve operational efficiency in the energy sector, such as tracking supply chains and reducing operational costs.
1. Deloitte:
This partnership is one of the most prominent with a centralized company, as Deloitte has partnered with Avalanche to develop a blockchain-based platform to facilitate and track disaster relief funding. The use of blockchain technology helps improve the speed and transparency of the relief process.
🔹 High performance and speed:
• Avalanche can process more than 4,500 transactions per second, making it one of the fastest blockchains currently available.
🔹 Consensus mechanism:
• Avalanche uses a consensus mechanism called Avalanche Consensus, which differs from traditional proof-of-work or proof-of-stake mechanisms, as it relies on “consensus trees,” which enhances speed and reduces energy consumption.