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Ava Labs and Tencent Cloud Enter A Strategic Partnership

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Avalanche team announced via a Medium post on Tuesday that it has entered into a strategic partnership with Tencent Cloud to support projects and developers across the Avalanche ecosystem.

The Avalanche team announced via a Medium post on Tuesday that it has entered into a strategic partnership with Tencent Cloud to support projects and developers across the Avalanche ecosystem. The two parties will provide developers with rapid node deployment and also explore Avalanche Subnets for enterprises to help accelerate the adoption of Web3 technologies across traditional businesses.

Thanks to this partnership, a full Avalanche node is now live on Tencent Cloud in sync with the Avalanche public blockchain, enabling Tencent Cloud’s infrastructure to support efficient and rapid node deployment for developers and validators across APAC.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by more than 3% so far today and currently trades at $20.63 per coin.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.