Alibaba Cloud and Safeheron Collaborate to Advance Web3 Security and Blockchain Infrastructure
Alibaba Cloud has reached a strategic cooperation with Safeheron, aiming to integrate Safeheron’s MPC (Multi-Party Computation) and TEE (Trusted Execution Environment) technologies into Alibaba Cloud’s cloud services to jointly build a cloud security infrastructure for Web3. In April 2023, Alibaba Cloud established a blockchain laboratory in Shibuya, Japan, where Safeheron’s digital asset custody solution was included to provide developers with a convenient access experience.
Market Expansion: Enhancing Service Capabilities and Influence
Through this cooperation, Alibaba Cloud will leverage its robust infrastructure and resources to further enhance its service capabilities and expand its market influence. Safeheron’s MPC technology will reach a broader customer base through Alibaba Cloud’s platform, contributing to the overall development of the digital asset industry. This collaboration will offer Web3 users safer and more efficient solutions, driving the rapid growth of the industry.
Ecosystem Collaboration: Building a Rich Web3 Ecosystem
Alibaba Cloud’s blockchain laboratory has integrated multiple Web3 partners, including NodeReal and COCOS-BCX. The addition of Safeheron further enriches this ecosystem. Developers can access more tools and resources on Alibaba Cloud’s platform to accelerate the development and deployment of Web3 applications. Moreover, Alibaba Cloud regularly hosts events such as Web3 Global Hackathons and Blockchain Gaming Hackathons, in which Safeheron participates as an important partner to jointly promote industry innovation.
Future Outlook: Open-Source Protocols and Technology Promotion
Safeheron plans to open-source several MPC-ECDSA protocols to help users interact with decentralized applications (dApps) more securely. Alibaba Cloud is expected to support the promotion and application of this technology, further enhancing the security and reliability of Web3 applications. In the future, the two parties will continue to deepen their cooperation in the fields of Web3 security and blockchain infrastructure, promoting the implementation and application of related technologies.
