Blockchain
Chainlink Labs, the developer of Chainlink (LINK), and Tencent Cloud, a leading cloud computing provider, have teamed up to accelerate the development of Web3.
In an announcement on Tuesday, the two companies said the partnership will combine Tencent Cloud’s infrastructure and services with Chainlink Labs’ oracle technology to help developers build more secure and reliable decentralized applications.
Tencent Cloud to support Chainlink BUILD projects
As part of the partnership, Tencent Cloud will provide Chainlink Labs with access to its global infrastructure, including its data centers, networks and computing resources. Chainlink Labs will use this infrastructure to provide its oracle services to developers building decentralized applications.
The collaboration will focus on solutions that leverage Chainlink’s Web3 services and access to off-chain data and computation to provide developers with a secure and reliable infrastructure to build applications.
Through the partnership, Chainlink BUILD projects will also benefit from support including up to $100,000 in vouchers, product listing on Tencent Cloud’s International Marketplace, and access to the company’s events such as Web3 networks and webinars.
Commenting on the partnership, Poshu Yeung, Senior VP at Tencent Cloud International, said:
“We recognize that a secure and scalable infrastructure is critical to the development of the Web3 global ecosystem. That’s why we’re happy to partner with Chainlink Labs, a developer of Chainlink, the industry standard oracle network. By supporting developers with decentralized services and tooling, they can build more robust and advanced applications that accelerate Web3 adoption.”
The comments were echoed by Chainlink Labs VP of Go-To-Market Johann Eid, who said:
“We are excited to enter into this strategic partnership with Tencent Cloud, which will help support Chainlink BUILD projects and drive Web3 adoption…Access to a highly secure, decentralized infrastructure enables developers to build feature-rich applications to build that will advance the entire space. ”