Tencent Cloud signs multiple collaboration agreements with blockchain firms

Published at: Feb. 22, 2023

According to a press release on Feb. 22, Tencent Cloud, the cloud computing branch of Chinese internet giant Tencent, announced that it had concluded multiple agreements with blockchain firms to support the active development of the Web 3.0 ecosystem. Firstly, Tencent Cloud signed a memorandum of cooperation with decentralized blockchain infrastructure provider Ankr to jointly develop a series of blockchain API services for remote procedure call nodes. The new service will be deployed on Tencent Cloud's infrastructure and will provide connections to mainstream blockchains building on Web 3.0 games and applications. 

Secondly, Tencent Cloud said that it reached strategic cooperation agreements with three other blockchain partners, Avalanche, Scroll, and Sui, to accelerate the adoption of Web 3.0 applications. The cooperation between Tencent Cloud and Avalanche will provide developers with efficient and fast node settings. With the help of Tencent Cloud's infrastructure footprint, the cooperation between Tencent Cloud and Scroll will assist developers with building practical projects on Scroll and expand access to non-blockchain enterprises. Finally, the cooperation between Tencent Cloud and Sui will provide developers with cloud game development tools and professional support to improve the on-chain game experiences.

The company also introduced a new Tencent Cloud Metaverse-in-a-Box product for Web 3.0 developers that fully integrates a wide range of infrastructure, high-performance products, out-of-the-box software development kits, and low-code solutions for use in games and media entertainment. Commenting on the development, Poshu Yeung, a senior vice president at Tencent Cloud International, stated:

"With a transparent digital future ahead, Tencent cloud is prepared to, through its accumulated experience in the field of games, audio, and video, provide strong technical support for Web 3.0. Tencent Cloud will cooperate with industry partners to offer more immersive experiences and cultivate the cultivate Web 3.0 ecosystem."
Tags
Related Posts
The remaining steps to mainstream institutional investment
It has been said that you only get one chance to make a first impression. Perhaps the best example of this old adage is the cryptocurrency space. From exit scams and money laundering, to unaudited code and high carbon footprints, the crypto landscape has spent the better part of the past decade scrubbing itself of its infamous past. For many, the sanitizing of the decentralized ecosystem was inevitable — simply a matter of when, not if. This mindset hindered the sense of urgency that should have been on display and may have ultimately contributed to the skepticism exhibited by mainstream …
Adoption / May 29, 2021
Supply chain tokens see triple-digit gains as the global economy recovers
Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three logistics projects that have benefited from the improving economic outlook are OriginTrail, Waltonchain and Wabi. Since early February, each has seen its token price increase by up to 300%. TRAC/USD OriginTrail is a self-described “ecosystem dedicated to making global supply chains work together by enabling a universal, collaborative and trusted data exchange.” The project was established in 2011 with the goal of providing enterprise users …
Technology / March 15, 2021
SEC vs. Telegram: Part 2 — The case against integrating the two prongs of a SAFT
As discussed in the previous article, Telegram is a popular global instant messaging company. In 2018, it sold contractual rights to acquire a new crypto asset that it was developing (to be called Grams) to a group of accredited (and wealthy) investors around the world. Telegram raised about $1.7 billion from 171 investors, including 39 U.S. purchasers. This was a prelude to the planned launch of Grams, which was to occur about a year and a half later in October 2019. This two-step process — where a crypto entrepreneur sells contractual rights to acquire a crypto asset upon launch in …
Technology / Sept. 22, 2020
KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and decentralized applications. In addition, Kucoin will also provide business incubation services, branding, incentives, and business partnerships for developers selected into the fund. Johnny Lyu, CEO of Kucoin, said the following in a prepared statement obtained by Cointelegraph: "KuCoin Metaverse Fund will be launched to accelerate the evolution of the Internet …
Adoption / Nov. 17, 2021
YouTube head of gaming Ryan Wyatt to resign and join Polygon Studios as CEO
On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million daily logged users per day with hundreds of billions of watch time each year. Wyatt cited his passion for blockchain and Web 3.0 development in explaining his resignation. H will soon join Polygon Studios as its CEO. Polygon Studios is the gaming and non-fungible tokens, or NFTs, arm of the namesake layer two Ethereum (ETH) scaling network (MATIC). Polygon plans to commit $100 million to projects led by its subsidiary …
Technology / Jan. 25, 2022