Alibaba Cloud, the digital powerhouse of Alibaba Group, has teamed up with Hong Kong’s HashKey Group, a leading digital asset services provider, to push the Web3 envelope. Together, they’re out to revolutionize the space and fuel some serious business growth.
By tapping into Alibaba Cloud’s world-class infrastructure, HashKey Group has slashed data operation costs by over 50%, because who doesn’t like saving a little cash while getting a performance boost? In addition, Alibaba Cloud’s advanced data services are giving HashKey Group the ability to extract deeper market insights, streamline business operations, and level up user experiences, keeping them firmly in the lead.
“This partnership unlocked next-level efficiency for us,” said Mizha Guo, CTO at HashKey Group. “The robust cloud infrastructure and big data solutions have fortified our security, optimized performance, and let us scale without breaking the bank.”
All of that means they’re well-equipped to keep delivering top-notch, secure, and compliant digital asset services worldwide.
The Web3 Sector Needs Serious Muscle
Annie Wang, GM of Alibaba Cloud in Hong Kong, pointed out that Web3 demands hefty computing, storage, and networking power. Well, Alibaba Cloud excels in this exact area, offering high-performance infrastructure that blends scalability with regulatory compliance.
“We’re excited to help HashKey deliver secure, compliant, and innovative Web3 products. Hong Kong has been growing into a Web3 hub, and we’re thrilled to be a part of it,” she said.
Want more on how to build a winning Web3 product? Check out the HodlFM Podcast with Chainers' CMO Roman Pinskyi for expert insights!
AI, Data, and Cutting-Edge Innovation
HashKey Group isn’t just sitting pretty. With Alibaba Cloud’s AI-powered platform, HashKey deployed its AI development platform in just three months, improving system stability and boosting efficiency. They’ve also rolled out a real-time intelligent risk control model, cutting down on fund security risks and getting the jump on market trends.
The company is also ensuring its platform’s high compatibility with third-party products, securing its position at the heart of the global Web3 ecosystem. Oh, and let’s not forget the AI-powered chatbot; this nifty tool is streamlining internal collaboration and productivity at HashKey.
Real-Time Data for Real-Time Gains
At the core of HashKey Exchange, Hong Kong’s largest licensed virtual asset exchange, Alibaba Cloud’s data solutions are handling real-time data processing, transformation, and analysis. This means HashKey can keep up with the fast-paced world of Web3 with zero hiccups.
Looking forward, HashKey Group plans to roll out industry-specific Web3 solutions by combining Alibaba Cloud’s infrastructure with its real-world expertise. Plus, the two companies are going full throttle on talent development, launching joint training programs and developer competitions to inspire innovation across the sector.
The future is Web3, and Alibaba Cloud and HashKey Group are building a stronger, smarter, and more sustainable ecosystem.
HODL Team
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