IOST Collaborates with Tencent Cloud, Introduces Two Significant Blockchain Services

Crypto News– IOST Collaborates with Tencent Cloud, in the dynamic landscape of Web3, cloud services have emerged as catalysts for digital transformation across industries. In this vein, IOST has taken a significant stride by launching its two pivotal blockchain services—NFT and Blockchain Traceability—on Tencent Cloud. Collaborations with esteemed international cloud platforms like Tencent Cloud and AWS stand testament to IOST’s commitment to providing efficient, secure, and open blockchain solutions. Together, we aim to nurture a thriving and sustainable multi-cloud ecosystem.

IOST Collaborates with Tencent Cloud, Introduces Two Significant Blockchain Services

Anticipating the future, IOST is poised to deepen its collaboration with Tencent Cloud, leveraging our shared global digital infrastructure and ecosystem advantages. Our comprehensive partnership, anchored in Web3, AI, and blockchain, is geared toward setting industry benchmarks. We aspire to collectively chart new paths and models in the realm of the digital economy, with a focus on technology-driven cost reduction and efficiency enhancement.

This marks a pivotal stride in IOST’s strategy for a multi-faceted cloud ecosystem. In the times ahead, our unwavering focus remains on an all-encompassing and profound expansion within the multi-cloud milieu. This entails fostering deeper dialogues and collaborations with eminent international cloud service platforms like Tencent Cloud and AWS. Our objective stands resolute in creating diverse decentralized, high-performance, user-friendly, stable, and secure blockchain offerings for global users.

Blake (IOST Co-CEO)

NFT Service

Addressing the corporate domain, the NFT service serves as an all-encompassing digital brand catalyst. It facilitates NFT issuance, digitizes brand intellectual property, and strategically positions entities within the Web 3.0 NFT landscape.

The metamorphosis of diverse creative expressions—ranging from videos, music, paintings, and more—into decentralized financial entities forms the core of this service. This transformation lays the groundwork for robust circulation, optimizing conditions to unleash latent potential. Users can now participate in the dividends of art NFTs and embrace the facets of digital literary art.

Key Features

• Rooted in blockchain‘s immutable and decentralized architecture, the IOST traceability system ensures data integrity by encoding verified information.
• This trustworthy information safeguards enterprise information management, curbing risks associated with data manipulation.
• The service acts as a shield against unscrupulous vendors circulating substandard goods by exploiting vulnerabilities in production and sales.

Tencent Cloud—Forging the Future of Cloud Technology

Tencent Cloud, a trailblazer in cloud services, offers over 400 technologies and connectivity solutions that empower enterprise-grade digital transformation. With a global infrastructure network spanning 26 geographic areas, 70 availability zones, and 2800 acceleration nodes across five continents, Tencent Cloud shapes the future of the cloud.

Recent reports highlight Tencent Cloud’s impressive growth, with the Gartner® “Market Share Analysis: Database Management Systems, Worldwide, 2022” (June 2023) revealing a 41% revenue growth rate for Tencent Cloud’s database management system, leading among Chinese providers.

Tencent Cloud’s rich cloud database product matrix encompasses various offerings, including OLTP-type database TDSQL, key-value database KeeWiDB, time-series database CTSDB, and graph database KonisGraph, along with analytical database products within the Tencent Big Data Suite (TBDS).

Having impacted over 500,000 customers, including finance, government, operators, and manufacturing companies, Tencent Cloud’s Database TDSQL has a robust global presence, extending across Asia-Pacific, Japan, and Europe.”

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About IOST

Founded in 2017 and headquartered in Singapore, IOST is an enterprise-level blockchain application platform backed by prominent global USD investment institutions like Sequoia, Matrix Partners, and ZhenFund. It is designed to serve online service providers.