CDS Crypto News Alibaba Cloud Expands Support for Avalanche
Crypto News

Alibaba Cloud Expands Support for Avalanche

551
Alibaba Cloud Expands Support For Avalanche
Alibaba Cloud Expands Support for Avalanche

Alibaba Cloud, APAC’s largest cloud service provider, has added infrastructure technologies and intelligence tools to Avalanche.

Alibaba Cloud’s Contribution to Avalanche Network 

Avalanche is an environmentally friendly smart contract platform created for global financial scaling. Alibaba Cloud, the largest cloud service provider in the Asia Pacific region, by expanding the range of infrastructure technologies and intelligence tools to the Avalanche blockchain, users can launch validating nodes and access computing, de-aggregation and distribution resources thanks to Cloud’s suite. 

Avalanche developers looking to launch new avalanche validators can easily process their transactions with Cloud’s laaS as a service. Additionally, app developers can add additional cloud infrastructure at peak demand to keep up with users’ activity. 

According to Gartner, Alibaba Cloud is the digital technology and intelligence backbone of Alibaba Group and is the leading laaS provider in Asia Pacific. Alibaba Cloud provides service packages to customers globally, including elastic computing, database, storage, network virtualization, large-scale computing, security, management and application services. 

Avalanche, which was launched in September 2020, is one of the fastest growing ecosystems organically among digital assets. Currently, Aave has more than 1,000 projects built on the platform, including high-end DeFi projects such as Curve, BENQi, Sushi and Chainlink, as well as enterprise applications for leaders such as Deloitte and Lemonade.

To celebrate this integration, the Cloud has announced that it is offering Avalanche developers a loan for any of its services. Alibaba Cloud’s special introduction page for Avalanche developers  is in publication. In addition, we have more information on how to set up an Avalanche node with Alibaba Cloud here. 

About Gartner

Gartner is a research and consultancy company founded in 1979 by Gideon Gartner in the USA and operating in 85 countries with 3.500 employees. Its customers are companies and, it has more than 11.000 customers in 100 countries. It primarily provides research and advice on information technology products. Secondarily, they support and advise in the areas of finance, human resources, customer support and services, legality and compliance, marketing and sales.

SOURCE

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

Leave a comment

Leave a Reply

Related Articles

Hong Kong Tax Reforms Target Hedge Funds and Digital Asset Gains

Hong Kong Tax Reforms Target Hedge Funds and Digital Asset Gains

Pump fun Ecosystem Grows: $240M in Total Revenue, Memecoin Surge

Pump.fun hits a record $93 million in monthly revenue in November, showing...

Altcoin Rally Fuels ONDO Price Skyrockets to Record Levels

Altcoin Rally Fuels ONDO Price Skyrockets to Record Levels

Microsoft and Bitcoin: A Game-Changing Decision for Tech and Crypto

Microsoft shareholders will vote on Dec. 10 whether to add Bitcoin to...