Alibaba Cloud, an Asia Pacific cloud service provider, has extended its line of infrastructure technology and intelligence tools to the Avalanche public blockchain, which will allow users to launch validator nodes and access compute, storage and distribution resources through the Alibaba Cloud suite in Asia. This was reported on the website of medium.
Avalanche is a green smart contract platform built for the scale of global finance. It has the purpose of almost instant transactions and a technology that allows both institutions and individuals to create personalized blockchains in a scheme of “blockchain-as-a-service”.
Avalanche developers looking to launch new validators can now do so with Alibaba Cloud’s plug-and-play infrastructure as a service (IaaS). Application developers can also add additional cloud infrastructure to support their application at times of peak demand to keep up with user activity.
“Established in 2009, Alibaba Cloud, Alibaba Group’s digital technology and intelligence hub, is Asia Pacific’s leading IaaS provider”, according to Gartner (technology research and consulting company). It provides a full suite of cloud computing services to customers around the world, including elastic computing, databases, storage, network virtualization, large-scale computing, security, management and application services.
“Since its launch in September 2020, Avalanche is one of the fastest growing organic ecosystems in digital assets. It now has over 1,000 projects built on the platform, including top-tier DeFi projects like Aave, Curve, BENQi, Sushi, Chainlink, and enterprise applications for leaders like Deloitte and Lemonade.”, they highlighted in the ad.
Currently, the network is protected by more than 1,200 validators and processes an average of 2 million transactions per day. It is also breaking new all-time highs in user activity, including 133 million added transactions in Q3 2022, an increase of more than 1,678% over Q3 2021.
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