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According to PANews news on June 26, according to CoinDesk, the NEAR Foundation announced that it is cooperating with Alibaba Cloud to accelerate the development of Web3 in Asia and the Middle East. The partnership enables the NEAR Foundation to access Alibaba Cloud's developer ecosystem in Asia and the Middle East to attract more developers to develop based on the NEAR protocol. Developers who want to roll out new NEAR validators will be able to do so through Alibaba Cloud's "plug-and-play" infrastructure-as-a-service. The NEAR Foundation and Alibaba Cloud will provide remote procedure call (RPC) services to developers and users in the NEAR ecosystem.
The report mentioned that Alibaba recently announced the appointment of Cai Chongxin as the new chairman of the board. Cai Chongxin has been an active Web 3 investor and signed several agreements with encryption-related entities.