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