NEAR, Alibaba Cloud Partner on Web3 Growth in Asia
The non-profit NEAR Foundation is partnering with Alibaba Cloud to accelerate Web3 growth. On Monday, the organisation announced a new partnership with the Chinese tech giant’s computing and storage arm, noting that the target markets are Asia and the Middle East.
The NEAR Foundation and Alibaba Cloud will collaborate to provide the former with access to the latter’s developer ecosystem in the selected jurisdictions. This will bring in more developers to work on the NEAR protocol. In an interview with CoinDesk, the company stated that the Alibaba Cloud plug-and-play infrastructure as a service will be available in the launch of new NEAR validators.
(With inputs from Shikha Singh)
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