Blockchain developments continue to make headlines. Blockchain security firm CertiK has moved its cloud infrastructure in Asia to Alibaba’s cloud computing subsidiary. As part of the agreement, CertiK will host its package of 12 blockchain applications on Alibaba Cloud and use cloud resources to provide Web3 services.
CertiK Team Takes Notable Step
CertiK aims to provide a secure environment for blockchain developers to develop and deploy Web3 applications by hosting its services on Alibaba’s central cloud infrastructure. CertiK co-founder Ronghui Gu commented:
“We have believed in the transformative power of blockchain technology for over five years. We look forward to providing developers with secure blockchain development and deployment opportunities through the Alibaba Cloud platform.”
Previously, Alibaba Cloud integrated with the Avalanche blockchain to support the company’s node initiatives. This partnership allowed Avalanche developers to launch new validator nodes on Alibaba’s cloud infrastructure. Developers expecting high resource demand during peak hours can utilize Alibaba Cloud’s additional computing, storage, and distribution resources.
CertiK’s partnership with Alibaba Cloud dates back to May 2023, when Alibaba Cloud brought its security package to Alibaba Cloud’s Blockchain as a Service (BaaS) platform. This agreement enabled CertiK developers to conduct code reviews, risk assessments, team authentication, and background checks on Alibaba’s cloud infrastructure.
Interest in Artificial Intelligence Continues
CertiK initially integrated smart contract auditing and Layer-1 blockchain auditing services and announced plans to introduce penetration testing and CertiK’s Skynet due diligence tool. Chinese entrepreneurs and investors are investing in artificial intelligence (AI) in addition to providing technical proficiency for blockchain and Web3 applications.
In May, four Chinese startups focused on generative AI surpassed $1 billion to compete with rivals like OpenAI. The new unicorn companies reportedly include Zhipu AI, Moonshot AI, MiniMax, and 01.ai. These companies received support from local investors and are now seeking talent to develop AI products.
