Coinbase: An AWS story

What’s Coinbase?

Coinbase is a platform for online cryptocurrency trading. It was founded in 2012 and is headquartered at San Fransisco. Currently it’s market value is at 8 billion USD. So it is a pretty successful startup.

Why go Cloud?

Cloud is like a boon for startups. No matter what field of technology we consider, it can be benefited but cloud computing at an aggressively low cost. The one biggest barrier for any startups is limited financial resources. Usually the startups are not backed by financers to provide a free flow of funds and this can go on for a while and if they are not lucky enough, many great ideas get scrapped off just because of the financial constraints.

  1. Amazon Web Services
  2. Google Cloud
  3. Microsoft Azure

Conclusion

All these give a good idea on how useful cloud computing can be if applied correctly and efficiently. The use cases of cloud computing are immense and more and more firms and startups are integrating it in their business.

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