Key Points
- AIOZ Network becomes the leading blockchain partner in Alibaba Could’s Innovation Accelerator initiative.
- The partnership is set to offer technological and financial support to projects developed on the AIOZ Network platform.
According to the official press release, AIOZ Network and Alibaba Could are teaming up to boost Web3 in APAC region. The partnership will promote projects developed on the AIOZ Network platform.
The collaboration will also include establishing a DePIN Alliance in Southeast Asia that will boost AI, storage, and streaming infrastructure services.
AIOZ’s native token, AIOZ, is currently trading flat on CoinMarketCap, and at the moment of writing this article, the coin is priced at $0.9.
The Singapore-based AIOZ Network will use Alibaba Cloud’s services to expand the ecosystem and improve Web3‘s capabilities. More hackathons and regional gatherings are planned to strengthen the ecosystem across Asia-Pacific.
The partnership is fueled by a mutual commitment to developing emerging talent and offering necessary infrastructure and resources to the developers in the region.
https://twitter.com/AIOZNetwork/status/1771085235360317461
Alibaba Cloud is set to leverage AIOZ’s scalable, secure, and robust cloud services to promote a “more inclusive digital economy worldwide.”
Launching a DePIN Alliance
The partnership will also include the launch of a DePIN Alliance in SEA, which is set to enhance AI-related services, streaming, and storage, supporting the DePIN service in the area.
AIOZ Network rewards node runners for sharing their computational resources to store, transcode, and stream digital media content. The network also powers decentralized AI computation.
Erman Tjiputra, the founder of AIOZ Network, highlighted the partnership’s role in accelerating the adoption of Web3 throughout the APAC region.
“This collaboration with Alibaba Cloud represents a significant step forward. We are excited to foster and support groundbreaking innovations from the next generation of developers.”
More events are on the waitlist and they’re set to offer further opportunities for the developer community in the region.
