Alibaba Signals Crypto Push by Joining Avalanche Blockchain

Alibaba Signals Crypto Push by Joining Avalanche Blockchain

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There have been many collaborations between Alibaba Cloud and popular networks recently, among the collaborations is the recent Friday partnership with a blockchain platform, Avalanche.

The tech giant Alibaba’s support for web 3 is getting more evident as per its latest partnership with Avalanche blockchain, the new partnership is aimed at allowing the tech giant cloud support validators and provide state-of-the-art infrastructure.

“Avalanche developers looking to launch new Avalanche validators can do so easily with Alibaba Cloud’s plug-and-play infrastructure as a service (IaaS). Application developers can also add additional cloud infrastructure to support their app in times of peak demand to keep pace with user activity,” a statement in the post read.

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About Alibaba and Avalanche Blockchain

Alibaba Cloud is the largest cloud service provider in Asia Pacific, founded in 2009, the digital technology and intelligence backbone of Alibaba Group, is Asia Pacific’s leading IaaS provider, according to Gartner. The cloud provides a comprehensive suit of cloud computing services to customers globally including elastic computing, database, storage, network virtualization, large-scale computing, security, management and application services.

Unveiled in 2020, Avalanche blockchain has been one of the leading and fast-growing ecosystems in virtual assets, currently, more than 1,000 projects are being built on the platform including top-tier DeFi projects like Aave, Curve, BENQi, Sushi, and Chainlink, and enterprise applications for leaders like Lemonade and Deloitte.

As part of the celebration of the recent integration, Alibaba Cloud is offering Avalanche developers credits towards any of their services.

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