CertiK Collaboration with Alibaba Cloud for Blockchain Security
Blockchain security company CertiK has shifted its cloud operations to Alibaba Cloud in Asia. This strategic alliance involves CertiK migrating its suite of 12 blockchain applications to Alibaba's cloud platform to enhance Web3 services provision.
Motivation Behind CertiK's Strategic Move
CertiK aims to establish a secure environment for blockchain developers to create and deploy Web3 applications by utilizing Alibaba's robust cloud infrastructure. Ronghui Gu, co-founder of CertiK, has shown confidence in the potential of blockchain technology, highlighting their dedication to providing secure development and deployment opportunities through Alibaba Cloud.
Alibaba Cloud had previously partnered with the Avalanche blockchain to support node projects, enabling Avalanche developers to set up new validator nodes on Alibaba's cloud platform with additional computing, storage, and distribution resources during peak periods.
Significance of AI in the Collaboration
The collaboration between CertiK and Alibaba Cloud, initiated in May 2023, facilitated the integration of CertiK's security suite into Alibaba's Blockchain as a Service (BaaS) platform. This integration allows CertiK to conduct code reviews, risk evaluations, and team verifications using Alibaba's infrastructure.
Initially focusing on smart contract and Layer-1 blockchain auditing services, CertiK plans to introduce penetration testing and the Skynet due diligence tool. Chinese investors and business owners are investing heavily in artificial intelligence (AI) to enhance technical capabilities for blockchain and Web3 applications.
Key Insights from the Collaboration
Some key points from this collaboration include:
- CertiK will utilize Alibaba Cloud's resources for secure deployment of Web3 services.
- Developers can take advantage of Alibaba Cloud's infrastructure during peak demand.
- The partnership underscores security measures such as code reviews and risk assessments.
In May, Chinese AI startups like Zhipu AI and Moonshot AI secured significant funding to compete with global players such as OpenAI. These companies are focusing on talent acquisition to advance AI development.