Tencent Cloud announced a strategic partnership with well-known companies in the encryption industry Ankr, Avalanche, Scroll and Sui to support the development of the Web3 ecosystem.
According to an official statement from a subsidiary of the Chinese tech giant, the latest move aims to build close relationships with industry partners to assist developers in accelerating the adoption of Web3. Poshu Yeung, senior vice president of Tencent Cloud International, said the company is eager to work on a new iteration of the Internet, introducing the concept of "immersive fusion" that combines the physical economy and the digital economy. Yang further added, “With more businesses now keen to explore and adapt to an efficient, transparent digital future, we are ready to leverage our many years of technical experience in the fields of games, audio, and video to provide strong technical support for Web3, and work with industry partners to create a more immersive experience and nurture a better Web3 ecosystem.”
Tencent Cloud believes it is "capable" of meeting the requirements and growing demands of the evolving Web3 space. It also hopes to join forces with top global ecosystem partners in the future, leveraging its "high-performance, high-quality infrastructure and cloud technology."
The goal is to facilitate the sustainable growth and development of the Web3 ecosystem. Tencent Cloud also plans to help startups and builders integrate new developments. The focus will also be on assisting builders across security, storage, identity management, middleware, development tools, and data and analytics. As a result, the company says it will offer builders cloud solution credits, marketing workshops and publicity opportunities.
Selected companies will also receive priority in product integration and co-creation with Tencent and its partners, the press release said. The latest plans were unveiled at Tencent Cloud Web3 Build Day in Singapore today, where Tencent Cloud signed a Memorandum of Understanding (MoU) with Web3 infrastructure provider Ankr. The two platforms will jointly develop a set of blockchain API services to provide Web3 builders with a globally distributed and decentralized remote procedure call (RPC) node network.
Meanwhile, the company has also signed partnerships with smart contract platform Avalanche, open-source fully EVM-compatible zk-Rollup builder Scroll, and layer-1 blockchain Sui.
At the same event, Tencent also launched Cloud Metaverse-in-a-Box, which aims to provide enterprises with the ability to quickly develop Metaverse applications with higher security and flexibility. This is expected to accelerate the journey to the Metaverse for public sector and enterprise customers.
