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Alibaba Cloud announces deep strategic cooperation with Chainbase, a full-chain data network.

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TechFlow
515Words
Jul 25, 2024

DeepTechFlow news, as the first deep partner of Alibaba Cloud in the Web3 field, Chainbase will leverage Alibaba Cloud's powerful tools to further empower the cutting-edge exploration of Web3 x AI track, unleashing the unlimited potential of full-chain data. This is not just a handshake, but a milestone in the integration of blockchain and cloud computing.

This collaboration has significantly improved scalability. With the global cloud computing infrastructure of Alibaba Cloud, developers in the Web3 field can now accelerate the development of blockchain applications, efficiently access and leverage the value of on-chain data.

Chainbase recently announced the completion of a $15 million Series A financing round led by Sequoia Capital China, with participation from Folius Ventures, DFG, Hash Global, JSquare, Mask Network, and Bodl Ventures. The future has arrived, as Alibaba Cloud's blockchain, big data, API, and data synchronization services drive Chainbase to the forefront of decentralized innovation.

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