CertiK has transferred its cloud infrastructure in Asia to a cloud computing subsidiary of Alibaba to enhance blockchain development security and resource efficiency.
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 to develop and deploy Web3 applications by hosting its services on Alibaba’s centralized cloud infrastructure. CertiK’s co-founder, Ronghui Gu, stated:
“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.”
Before this, Alibaba Cloud had integrated with Avalanche blockchain to facilitate 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 anticipating significant resource requirements during peak hours.
CertiK and Alibaba Cloud have collaborated since May 2023, when the former integrated its security suite into its blockchain-as-a-service platform.
As a result of this agreement, CertiK’s developers could perform code evaluations, risk assessments, team identity verification, and background checks on Alibaba’s cloud infrastructure.
Initially, CertiK integrated its layer-1 blockchain auditing service and smart contract auditing, and it 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 also place bets on artificial intelligence (AI).
Four generative AI-focused firms in China exceeded $1 billion in valuation in May to compete with OpenAI and other competitors.
According to reports, Zhipu AI, Moonshot AI, MiniMax, and 01.ai are among the new unicorn companies. These companies have received support from local investors and are seeking to recruit talent to develop AI products.
Alipay, Alibaba’s payment subsidiary, recently implemented an AI feature in its payments application. Users can identify early indications of baldness through Alipay’s AI service.
Users can submit images of their scalps for processing by an image recognition system trained on thousands of medically pertinent photos, per a South China Morning Post report. The application then provides users with recommendations, including medical care recommendations when applicable.