NEAR Foundation continues to take important steps towards Layer 1 networking. NEAR developers finally sat at the table with Alibaba Cloud.
It seems that Alibaba Cloud and NEAR Foundation will cooperate in certain areas. Accordingly, Alibaba Cloud, the top 3 cloud storage technology companies, will make it easier for developers. Alibaba will offer multi-chain indexing to provide data query API to developers.
NEAR Foundation reports that the partnership with the China-based tech giant will accelerate Web 3 growth in Asia and the Middle East. It was also noted that access was granted in order to attract more developers. In other words, developers who want to launch the NEAR node will be able to do this with the “plug and play” infrastructure of Alibaba Cloud, which is a service. After the collaboration announcement, the NEAR price gained more than 14%.