Alibaba Cloud teams up with crypto blockchain Avalanche

Last Updated on 2 hours by John Piper

Aliyun, also known as Alibaba Cloud, has announced it is working with Avalanche Blockchain to power the company’s Node-as-a-Service program.

Alibaba’s Cloud and Avalanche are working together to bring you software and tools to create nodes on Avalanche’s network in Asia. This will allow users to quickly launch validators using a template-based infrastructure. This provides support for developers who have high resource demands during peak periods. Alibaba Cloud’s new services offer support for functions such as storage, data processing and distribution.

What is Avalanche Blockchain?

Avalanche, which uses native token $AVAX and coin ticker $AVAX, is a cryptocurrency blockchain platform. It offers blockchain developers an easy way to create and launch projects. It is comparable to Ethereum. Avalanche’s blockchain can be used to create and manage smart contracts that allow projects to use them. The goal of the network is to be accessible, fast, secure and affordable.

Avalanche enables instant transactions. AVAX can be used to pay processing fees or as a unit on the network. The code for the blockchain is open source, which means it is decentralized and public.

Avalanche & Alibaba

According to Alibaba Cloud’s announcement

Alibaba Cloud’s plug-and-play Infrastructure as a Service (IaaS) makes it easy for Avalanche developers to roll out new Avalanche validators. App developers can add cloud infrastructure to their apps during peak times to keep up with user activity

Alibaba announced that Avalanche will be able to host over 1,200 validators and process around 2 million transactions daily. This will allow Alibaba to scale its services at scale.

Coin Insider’s first article, “Alfa Cloud Teams Up with Crypto Blockchain Avalanche,” appeared first on Coin Insider.

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