ODYSSEY Officially Partners with AWS Technology to Empower a New Form of Global Sharing Economy

2018.04.13

Recently, Singaporean blockchain foundation ODYSSEY announced that it has officially partnered with AWS Technology; with access to AWS cloud services in Southeast Asia, ODYSSEY will enable a new form of global sharing economy to fly. . As a decentralized blockchain platform, ODYSSEY's mission is to build the next generation sharing economic and global peer-to-peer ecosystems. ODYSSEY is committed to establish  smart contract credit system, build the future peer-to-peer trade ecosystem, reduce overall operating costs, increase the market efficiency, and improve product and service participants’ returns on investment.


Due to soaring data traffic and its huge commercial value, ODYSSEY needs a long-term and stable cloud service partner. As AWS Technology’s partner, through access to the AWS cloud services platform, ODYSSEY will be able to support the sharing economic blockchain ecosystem in Southeast Asia. It can analyze real-time data fast and efficiently. This can be reflected in two aspects: first, system stability, expansion and low delay; Second, efficient big data analysis and smooth user experience. The features of AWS clustering and elastic scaling will strongly promote ODYSSEY's deployment throughout Southeast Asia, and control user access delays within a certain range. Sharing economic enterprises have low latency, fast response, fast and efficient data mining and analysis ability, which can provide better user experience more than they expected.


Overall, as a global decentralized sharing economic blockchain project, ODYSSEY not only needs a global coverage range, stable and efficient service platform, but also needs service system based on mass data in real-time calculation and analysis. The data is very large, which requires excellent data processing capability of the server. AWS can completely satisfy the demand, at the same time also providing personalized configuration scheme, which can choose different processor types, upgrade disk, memory configuration. This way is also largely reduce the cost of the server .


In the future, through access to AWS services in Southeast Asia, ODYSSEY will depend on the AWS cloud service advantages, continue to shared economic blockchain technology, effectively reduce transaction costs of industry participants in sharing economic operation, build reputation/credit based business system. Through the blockchain technology, it will improve the efficiency of the market and build healthy sharing economic ecosystem with high degree of autonomy. Push the sharing economic market to the next level of milestone.


About ODYSSEY


ODYSSEY is a decentralized sharing economic blockchain project initiated by the ODYSSEY Protocol foundation in Singapore.


ODYSSEY's mission is to build the next generation of decentralized, sharing economic and global peer-to-peer ecosystems. ODYSSEY is committed to reduce overall operating costs, increase the market efficiency, and improve sharing economic input-output ratio of the ecosystem.