Arijit Sarkar36 minutes agoCertiK migrates blockchain applications to Alibaba CloudCertiK"s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia.192 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksBlockchain security firm CertiK migrated its cloud infrastructure in Asia to a cloud computing subsidiary of Chinese e-commerce giant Alibaba.
As part of the deal, CertiK will host its suite of 12 blockchain applications on Alibaba Cloud and use its cloud resources to provide Web3 services.CertiK"s existing suite of product offerings. Source: CertiK
By hosting its services on Alibaba’s centralized cloud infrastructure, CertiK aims to provide its blockchain developers with a secure environment to develop and deploy Web3 applications. Ronghui Gu, co-founder of CertiK said:“For over five years, we have believed in the transformative power of blockchain technology. We look forward to empowering developers with secure blockchain development and deployment through Alibaba Cloud’s platform.”
Previously, Alibaba Cloud integrated with Avalanche blockchain to power the company’s Node-as-a-Service initiatives. The partnership allowed Avalanche developers to launch new validator nodes on Alibaba’s cloud infrastructure.
Developers expecting high resource demands during peak hours can use Alibaba Cloud’s additional computing, storage, and distribution resources.Source:Alibaba Cloud
CertiK’s partnership with Alibaba Cloud dates back to May 2023, back when the former brought its security suite to Alibaba Cloud’s Blockchain as a Service (BaaS) platform.Source: CertiK
This deal enabled CertiK’s developers to conduct code reviews, risk assessments, team identity verification and background checks on Alibaba’s cloud infrastructure.
CertiK had initially integrated its smart contract auditing and layer 1 blockchain auditing service and had revealed plans to introduce penetration testing and CertiK’s Skynet due diligence tool.
Related:Alibaba to support Meta’s AI model Llama: Report
In addition to providing the technical competencies for blockchain and Web3 applications, Chinese entrepreneurs and investors are also betting on artificial intelligence (AI).
In May, four Chinese startups focusing on generative AI surpassed $1 billion in valuation to compete with rivals like OpenAI.
The new unicorn companies reportedly include Zhipu AI, Moonshot AI, MiniMax and 01.ai. These companies have received support from local investors and are now looking to onboard talent to develop AI products.
Most recently, Alibaba’s payment subsidiary, Alipay, debuted an AI feature on its payments app. Alipay’s AI service helps users detect early signs of balding.
According to a report from the South China Morning Post, users can upload pictures of their scalps for processing by an image recognition system trained on thousands of medically relevant images. The app then gives users suggestions, up to and including recommending medical care when applicable.
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