NEAR Foundation has partnered with Alibaba Cloud as part of its Web3 initiatives.
Many crypto projects are included in cloud services run by big companies like Google and Alibaba. These days when Google Cloud cooperates with many initiatives, similar moves are coming from Alibaba Cloud.
Alibaba Cloud has partnered with the NEAR Foundation, the team behind NEAR Protocol. The NEAR token, on the other hand, has been on the rise due to the news.
Alibaba Partnership with NEAR Foundation: NEAR Rising!
NEAR Foundation and Alibaba Cloud will provide remote procedure calls (RPC) service to developers and users as a result of the partnership established.
In an interview with CoinDesk, NEAR Foundation stated that the partnership will facilitate the access of developers in Asia and the Middle East to the ecosystem. In this way, the team aims to attract more developers to the NEAR Protocol. In this way, developers who want to be validators in the NEAR project will be able to use the service and infrastructure of Alibaba Cloud.
Alibaba Cloud, the computing and storage arm of China-based technology giant Alibaba, will contribute to the development of Web3 technology with its support to the NEAR ecosystem.
This partnership announcement was also reflected in the NEAR token price. The popular cryptocurrency has been on the rise in a short time. While NEAR was at $1.35 before the news, it is moving at $1.5 at the time of writing.
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