According to PANews news on March 20, according to official sources, Alibaba Cloud announced at the 2WEB3 FEST summit held in Hong Kong that it will launch a series of out-of-the-box Web3 security tools in April. This Web3 security tool can be used by developers and enterprises in security scenarios such as private key management, risk assessment, transaction review, compliance and user authentication. These tools include multi-party secure computing (MPC), identity verification (KYC) and anti-money laundering ( AML) service, which helps Web3 developers protect data, save labor costs and improve operational efficiency. Alibaba Cloud will also provide blockchain node services for Hong Kong Web3 developers this year.
In addition, Alibaba Cloud also cooperates with the Web3 education platform and community Blockchain Academy and the blockchain infrastructure solution provider NodeReal to build Hong Kong's Web3 ecosystem, cooperates with Blockchain Academy to establish a new Web3 community, and organizes blockchain education activities. and competitions to provide young people and start-ups with learning, work and business opportunities; NodeReal will build nodes on the Alibaba Cloud platform to provide blockchain services for Alibaba Cloud users.