Chainlink Labs and Tencent Cloud partner to accelerate Web3 adoption

Blockchain

Chainlink Labs, the developer of Chainlink (LINK), and Tencent Cloud, a number one cloud computing supplier, have partnered to speed up improvement of Web3.

In an announcement on Tuesday, the 2 corporations mentioned the partnership will mix Tencent Cloud’s infrastructure and providers with Chainlink Labs’ oracle know-how to assist builders construct safer and dependable decentralized purposes.

Tencent Cloud to help Chainlink BUILD initiatives

As a part of the partnership, Tencent Cloud will present Chainlink Labs with entry to its international infrastructure, together with its knowledge facilities, networks, and computing assets. Chainlink Labs will use this infrastructure to supply its oracle providers to builders constructing decentralized purposes.

The collaboration will deal with options that leverage Chainlink’s Web3 providers and entry to off-chain knowledge and computation to provide builders a safe and dependable infrastructure to construct purposes.

The partnership may also see Chainlink BUILD initiatives profit from help together with as much as $100,000 in vouchers, product itemizing on Tencent Cloud’s Worldwide Market and entry to the corporate’s occasions comparable to Web3 networking, and webinars.

Commenting on the partnership, Poshu Yeung, Senior VP at Tencent Cloud Worldwide, mentioned:

“We acknowledge that safe and scalable infrastructure is crucial to the event of the worldwide Web3 ecosystem, which is why we’re glad to collaborate with Chainlink Labs, a developer of Chainlink, the industry-standard oracle community. By supporting builders with decentralized providers and tooling, they’re capable of construct extra strong and superior purposes that speed up the adoption of Web3.”

The feedback have been echoed by Chainlink Labs’ VP of Go-To-Market Johann Eid, who mentioned:

“We’re excited to enter this strategic partnership with Tencent Cloud, which is able to assist help Chainlink BUILD initiatives and propel the adoption of Web3… Entry to extremely safe, decentralized infrastructure permits builders to construct feature-rich purposes that drive all the house ahead.”