CertiK transfers blockchain applications to Alibaba Cloud
The objective of CertiK’s migration to Alibaba Cloud is to improve the security and resource effectiveness of blockchain development in Asia.
CertiK, a blockchain security firm, has transferred its cloud infrastructure in Asia to a cloud computing subsidiary of Alibaba, a Chinese e-commerce behemoth.
CertiK will utilize Alibaba Cloud’s cloud resources to offer Web3 services and host its suite of 12 blockchain applications as part of the agreement.
CertiK endeavors to offer its blockchain developers a secure environment in which to develop and deploy Web3 applications by hosting its services on Alibaba’s centralized cloud infrastructure. CertiK’s co-founder, Ronghui Gu, stated:
“The transformative potential of blockchain technology has been our conviction for more than five years. We anticipate the opportunity to provide developers with secure blockchain development and deployment capabilities through Alibaba Cloud’s platform.”
Prior to this, Alibaba Cloud had integrated with Avalanche blockchain to support the company’s Node-as-a-Service initiatives. The partnership enabled Avalanche developers to establish new validator nodes on Alibaba’s cloud infrastructure.
Alibaba Cloud’s supplementary computation, storage, and distribution resources are available to developers who anticipate significant resource requirements during peak hours.
In May 2023, CertiK introduced its security suite to Alibaba Cloud’s Blockchain as a Service (BaaS) platform, starting a partnership between the two companies.
CertiK’s developers were able to perform code evaluations, risk assessments, team identity verification, and background checks on Alibaba’s cloud infrastructure as a result of this agreement.
Initially, CertiK had integrated its smart contract auditing and layer 1 blockchain auditing service and had disclosed its intention to introduce penetration testing and CertiK’s Skynet due diligence tool.
In addition to offering the technical expertise required for blockchain and Web3 applications, Chinese entrepreneurs and investors are also placing bets on artificial intelligence (AI).
Four generative AI-focused firms in China exceeded $1 billion in valuation in May in order to compete with OpenAI and other competitors.
Zhipu AI, Moonshot AI, MiniMax, and 01.ai are among the new unicorn companies, according to reports. These companies have received support from local investors and are currently seeking to recruit talent to develop AI products.
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