Alibaba Cloud or Aliyun, a subset of Chinese e-commerce giant Alibaba, has announced an integration with blockchain, Avalanche, to power the company’s Node-as-a-Service initiatives.
Avalanche’s partnership with Alibaba Cloud will lead to the development of tools that will allow users to launch validation nodes on Avalanche’s public blockchain platform in Asia. The integration will allow Avalanche developers to use Alibaba Cloud’s plug-and-play infrastructure as a service to launch new validators.
Developers who expect high resource demands during peak hours can also leverage additional resources – such as compute, storage and distribution – offered by Alibaba Cloud.
According to the announcement, Avalanche hosts over 1,200 validators and processes around 2 million daily transactions. The scale of the partnership is huge, given that Alibaba Cloud is the largest Asian cloud service provider in the Asia-Pacific region.
As part of the integration, Alibaba Cloud held a special promotion, offering Avalanche developers credit for any of its services.
Avalanche currently powers over 1,000 projects, including decentralized finance (DeFi) ecosystems such as Aave, Curve, BENQi, Sushi and Chainlink.
Previous Articles:
- Why GMX threatens Uniswap’s leadership
- Terra Luna Classic: Becoming interoperable again in the Cosmos ecosystem
- Moscow is considering legalizing cryptocurrencies in 2023
- Nexo withdraws from the US market
- 10 Best Cloud Mining Sites in 2023 – Daily Payouts
