NEAR Foundation Partners with Alibaba Cloud to Boost Web 3 Growth in Asia and the Middle East

The NEAR Foundation, a non-profit organization driving the development of the NEAR protocol ecosystem, has teamed up with Alibaba Cloud, the computing and storage arm of Chinese tech giant Alibaba, to accelerate Web 3 growth in Asia and the Middle East. The partnership will provide the NEAR Foundation with access to Alibaba Cloud's developer ecosystem, enabling them to attract more developers to build on the NEAR protocol.

According to the NEAR Foundation, developers who wish to launch new NEAR validators will be able to do so using Alibaba Cloud's "plug-and-play" infrastructure as a service. The partnership will also offer remote procedure calls (RPC) as a service to developers and users in the NEAR ecosystem, allowing them to read data on blockchains and send transactions to different networks.

Moreover, the partnership will provide multi-chain indexing to offer data query API to developers. Users will also be able to use the NEAR Blockchain Operating System (BOS) while utilizing Alibaba Cloud's infrastructure.

This move follows Alibaba's recent hiring of its new Chairman, Joseph Tsai, who has signed multiple deals with crypto-related entities and is an active Web 3 investor.

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