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<img src="https://www.blockhead.co/content/images/2023/03/Screenshot-2023-03-20-at-11.36.37-AM.png" alt="Alibaba Cloud, NodeReal Partner on Web3 Enterprise Solutions"><a href="https://nodereal.io/?ref=blockhead.co">NodeReal</a>, a blockchain infrastructure and solution provider, has signed a Memorandum of Understanding (MOU) with <a href="https://sg.alibabacloud.com/en?ref=blockhead.co">Alibaba Cloud</a>, the digital technology and intelligence business of Alibaba, to foster collaboration and drive greater Web3 innovation across Asia&#x2019;s enterprise landscape.An announcement on NodeReal&apos;s blog said the partnership is &quot;expected to generate new growth opportunities for Web3 developers, all while empowering enterprise businesses with the much-needed tools to adapt to an increasingly Web3-dominated future.&quot;As part of the agreement, <a href="https://nodereal.io/blog/en/alibaba-cloud-x-nodereal/?ref=blockhead.co">NodeReal</a> will build its node on Alibaba Cloud&#x2019;s platform and offer blockchain services to its users, including Blockchain as a Service (BaaS), Explorer as a Service (EaaS), Validator as a Service (VaaS) and storage. The companies will work together to support the growth of the Web3 community in Asia.<h2 id="hong-kong-priority">Hong Kong Priority</h2> These solutions will be rolled out first in Hong Kong before the rest of Asia Pacific.&#x201C;Even at its early stage of development, Web3 in Hong Kong has shown huge potential, especially with strong support from the government. Alibaba Cloud will provide robust, secure and high-performance technology platforms and intelligence tools for Web3 developers in Hong Kong to build their own applications in areas such as metaverse, gaming, and social media,&#x201D; said Leo Liu, general manager of Hong Kong SAR, Macau SAR and Philippines, Alibaba Cloud Intelligence.NodeReal describes itself as a &quot;one-stop infrastructure and solution provider that embraces the high-speed blockchain era.&quot; Founded in 2021 and headquartered in Singapore, the company secured $16 million in Series A funding, led by Sky9 Capital, in <a href="https://finance.yahoo.com/news/nodereal-announces-16m-series-funding-133100113.htm?ref=blockhead.co">May 2022</a>. Its partners include Cocos-BCX, a scaling solutions provider for the Web3 gaming ecosystem. &quot;With NodeReal&#x2019;s leading position within the blockchain infrastructure space, the partnership will drive greater growth across the broader L1 and L2 ecosystems,&quot; the announcement said.<hr>The world of Web3 can be quite a whirlwind. Whether it&#x2019;s crypto news in Singapore, South East Asia or even across the globe, we understand how busy the industry is keeping you, so we kindly send out three newsletters each week:<ul><li><a href="https://blockhead.co/tag/blockbeat?ref=blockhead" rel="noopener noreferrer">BlockBeat</a> for a wrap-up of the week&#x2019;s digital assets news</li><li><a href="https://blockhead.co/tag/blockhead-brief?ref=blockhead" rel="noopener noreferrer">Blockhead Brief</a> for weekend happenings as well as what to look forward to in the week ahead</li><li><a href="https://www.blockhead.co/tag/business-bulletin/" rel="noopener noreferrer">Business Bulletin</a> for macroeconomic updates and industry developments.</li></ul>To avoid FOMO and access member-only features, click <a href="https://www.blockhead.co/#/portal/" rel="noopener noreferrer">here</a> to subscribe for FREE.

Alibaba Cloud, NodeReal Partner on Web3 Enterprise Solutions

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