aVA Labs brings
no-code to web3:
Launch your own blockchain in minutes with AvaCloud.
A large number of businesses across a wide spectrum of industries have come to embrace the power of blockchain technology. Supply chain management, data exchange, and payment processing are only a few of the use cases that can be facilitated, and even improved, with blockchains. At the same time, however, many enterprises have run into serious roadblocks in their attempts to build custom blockchain solutions that comply with their specific needs.
There is a growing demand for simple no-code blockchain tools that can permit enterprises of all kinds to launch their own customized chains. That's why Ava Labs, a developer that specializes in the Avalanche smart contract ecosystem, has released AvaCloud, a Web3 launchpad designed to provide businesses with the means to deploy fully managed blockchains.
AvaCloud has the potential to revolutionize this sector by simplifying and dramatically expanding the business community’s access to the kinds of dev tools necessary to create optimal blockchain solutions and fully participate in the Web3 world. What follows is an exploration of the impetus behind the creation of AvaCloud, and the many benefits this launchpad can provide.
The Need for No-Code Blockchain Solutions
Traditionally, building a custom blockchain has been an expensive, time-consuming, and error-prone process. Many businesses have gone through the trouble of investing in a custom chain only to end up with a solution that was inadequate for their purposes.
Custom blockchain development in the standard manner involves the careful management of multiple components, each of them contributing significantly to the overall expense incurred by the project. While these expenditures are largely project-dependent, and can vary widely according to the needs of the business, the process of designing and launching a custom blockchain generally includes the following costs:
- Technical Team - Building a custom blockchain requires a highly skilled technical team that includes developers, solution architects, cybersecurity analysts, QA testers, and UX/UI designers. The salaries or consultation fees of these professionals constitute a major part of the project’s budget.
- Infrastructure - This includes expenses for hardware, software, and network components necessary to develop, test, and run the blockchain to ensure its optimal functionality.
- Security - Blockchain's key feature is security, so investing in a secure design, testing, and implementation is crucial. This might include external audits, penetration testing, and investment in security infrastructure.
- Regulatory Compliance - Depending on the application, the business may need to ensure that the blockchain complies with relevant regulations, such as anti-money laundering (AML) and Know Your Customer/Client (KYC) rules. Legal counsel and the necessary steps to ensure compliance can add to the expenses.
- Maintenance and Support - Once the blockchain is operational, the business will need to provide ongoing maintenance and support. This could involve bug fixes, system improvements, and possibly even future iterations of the blockchain.
- Education and Training - The business might need to educate its team or users on how to use the blockchain correctly. Training programs or educational materials might be necessary, which can be an additional cost.
It’s no surprise, then, that the process of creating a custom blockchain can involve months of labor and a total bill that can approach or exceed $1 million. As a consequence, custom blockchains have been effectively out of reach for many smaller enterprises that might benefit from operating their own chain. AvaCloud solves this problem by enabling enterprises to create and launch custom blockchains in literally just a few minutes—and without the need for a specialized tech team.
AvaCloud has been designed to provide businesses with access to a no-code portal from which they can easily design a one-click testnet blockchain, implement custom features, and launch the finalized chain onto the Avalanche mainnet. Businesses can add customized features on an ongoing basis to keep pace with their evolving needs. AvaCloud relies on the state-of-the-art hosting infrastructure of Amazon Web Services (AWS) for node hosting.
AvaCloud markedly speeds up and simplifies the process of creating custom blockchains, thus slashing the expenses associated with their development and maintenance. It also enables businesses to launch their Web3 solutions much more quickly than ever before. These custom blockchains are supported by Avalanche’s unique Subnet architecture.
The Four Components of AvaCloud
The AvaCloud product suite consists of four main components:
Managed Validators - With auto-staked validator nodes, businesses can scale blockchains automatically to shoulder high demand. Backups and proactive security patching enables the blockchain to avoid vulnerabilities.
Automated Blockchain Builder - AvaCloud manages all aspects of blockchain deployment, eliminating the need for a dedicated in-house maintenance team. Highly intuitive tools permit the user to build public or private chains via a simple no-code portal. 24/7 technical support allows businesses to find help to solve any issue that might arise.
Comprehensive Data Tools - Businesses can access various cost-cutting tools, including optimized data from the entire Avalanche network. They can also easily stay current with the latest blockchain features due to automated software updates.
Chain Interoperability - In recognition of the increasing importance of cross-chain messaging, AvaCloud uses Avalanche Warp Messaging (AWM) to support unlimited native communication between Avalanche Subnets. Blockchain developers can create their customized messaging specifications or utilize standards already in use by others. Supported message types include NFTs, fungible tokens, among many other options.
By offering cloud-ready custom infrastructure, AvaCloud is a powerful tool for empowering businesses large and small to engage fully in the blockchain ecosystem and benefit from the many advantages of this fast-growing distributed ledger technology.