This Altcoin Announced a Collaboration with the Giant Chinese Company Alibaba!

AIOZ Network (AIOZ) and Alibaba Cloudare joining forces to expand Web3 capabilities and reach the APAC region.

AIOZ Network and Alibaba Cloud Collaboration

AIOZ Network is positioned as the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator initiative and offers technological and financial support to select projects developed on the AIOZ Network platform.

The collaboration will extend to establishing a DePIN Alliance in Southeast Asia (SEA) to support AI, storage and streaming infrastructure services.

A series of hackathons and regional meetings are also planned to promote and strengthen the Web3 community across Asia-Pacific.

AIOZ Network and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, are joining forces to increase Web3 availability in the Asia-Pacific region.

This collaboration is fueled by a mutual commitment to nurture emerging talent and provide the necessary Infrastructure-as-a-Service and resources to developers in the region.

Under this collaboration, Alibaba Cloud appointed AIOZ Network as the main blockchain ally for the Alibaba Cloud Singapore Innovation Accelerator focused on Web3 projects.

This initiative aims to combine industry expertise to foster innovative and resilient businesses in Singapore by facilitating access to the latest infrastructure services, including artificial intelligence, storage and streaming capabilities.

AIOZ Network will provide infrastructure and consultancy services to the most promising projects developed on its platform.

Alibaba Cloud will leverage scalable, secure and robust cloud services to support the expansion of the AIOZ Network ecosystem and promote a more inclusive digital economy worldwide.

Additionally, this partnership will see the launch of a DePIN Alliance in SEA, which aims to develop AI, storage and streaming-related services and further support DePIN service in the region.

*This is not investment advice.