NEAR Foundation and Alibaba Cloud Partners To Drive Web3 Growth
Crypto News

NEAR Foundation and Alibaba Cloud Partners To Drive Web3 Growth

1m
Created 8mo ago, last updated 8mo ago

The NEAR Foundation entered a partnership with Alibaba Cloud to drive Web3 growth in Asia and the Middle East.

NEAR Foundation and Alibaba Cloud Partners To Drive Web3 Growth

Table of Contents

The Agreement Gives the NEAR Foundation Access to Alibaba Cloud's Developer Ecosystem Throughout Asia and the Middle East

The NEAR Foundation entered a partnership with Alibaba Cloud to drive Web3 growth in Asia and the Middle East.

In an effort to encourage additional developers to build on the NEAR protocol, the agreement gives the NEAR Foundation access to Alibaba Cloud's developer ecosystem throughout Asia and the Middle East. The "plug-and-play" infrastructure as a service provided by Alibaba Cloud will enable developers to establish additional NEAR validators.

Users will also be able to access the NEAR Blockchain Operating System (BOS), a platform that was introduced earlier this year and uses the infrastructure of Alibaba Cloud to enable developers to integrate into and communicate with other users.

According to CoinMarketCap data, the price of NEAR gained over 7.5% following the news of this partnership.
1 person liked this article