Aptos Foundation partners with Alibaba Cloud to boost Web3 in Japan

June 28, 2024 10:01 PM AEST | By Invezz

Aptos Foundation and Alibaba Cloud partner

Specifically, the companies have launched Alcove, the first co-branded Move developer community in Asia.

Alcove will help boost the overall innovation and adoption of Web3 in the Asia-Pacific region via hackathons and education programs around smart contract programming languages, Aptos Foundation and Alibaba Cloud said in an announcement.

“Partnering with the Alibaba Cloud team and with the help of their technology, we aim to create a vibrant environment that allows Japan’s growing interest in Web3 and IP strengths to flourish,” Bashar Lazaar, head of grants and ecosystem at Aptos Foundation, said.

Alcove’s launch will see Aptos Foundation and Alibaba Cloud collaborate to create an environment in which Web3 developers can thrive, the two platforms said. This enabling ecosystem will allow for a digital transformation that brings the next wave of users to Aptos.

“As the foundation working to expand Aptos’ ecosystem worldwide, we’re committed to creating the best user experiences for the next generation of developers, in Japan, APAC and beyond,” Lazaar added.

Japan’s growing Web3 hub

Japan’s regulatory framework, including recent approvals for VCs, has the country in a unique position as hub for Web3 advancement. It’s an aspect that also means Aptos and its partners can tap into regulatory guidelines to promote and accelerate adoption.

This environment is why the Aptos Foundation is taking a proactive approach, starting with a series of initiatives around Alcove.

First off, OKCoin Japan and Alibaba Cloud will co-host the ‘Aptos Mover: Innovation Ripples from Kyoto’ developer meetup on July 3, 2024.

Also organised by Mizu wallet, the event seeks to empower builders by offering tools and knowledge they need to build and deploy real-world products.

The partners will also organise several hackathons and educational programs for the Alcove community, with industry leaders providing insights that nurture the emerging Web3 talent in Japan and the region.

The post Aptos Foundation partners with Alibaba Cloud to boost Web3 in Japan appeared first on Invezz

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.