The partnership between the Aptos Foundation and Alibaba Cloud has ignited a series of Alcove initiatives aimed at propelling the adoption of the Move smart contracts programming language in Asia. Through a Move developer meetup co-hosted by OKCoin Japan and Alibaba Cloud, Aptos Foundation is paving the way for developers to explore the benefits of Web3 and showcase their capabilities. This strategic collaboration is set to enhance the impact and adoption of the Move programming language, which offers unparalleled security, scalability, and speed advantages. The joint effort between Aptos Foundation and Alibaba Cloud is poised to revolutionize the Web3 landscape in Asia, starting with Japan as the primary focus. Japan's conducive regulatory environment for blockchain and cryptocurrencies positions it as an ideal hub for steering Web3 innovations on a global scale. The recent positive market response, with a 2.96% increase in the value of Aptos' native crypto, APT, underscores the significance of this collaboration. Through Alcove initiatives such as hackathons and developer meetups, Aptos Foundation aims to foster talent and inspire the next generation of Web3 developers and innovators in the region and beyond.
Collaboration Between Aptos Foundation and Alibaba Cloud Sparks Alcove Initiatives in Asia

by Giorgi Kostiuk
2 years ago

Other news
Senator Warren Issues Warning to Regulators on Crypto Support

Senator Elizabeth Warren warns regulators against using public funds to support the crypto market, arguing it would benefit wealthy investors and risk public anger.

NYDIG Research Debunks Quantum Computing Fears as Cause for Bitcoin's Price Drop

NYDIG's research debunks fears that quantum computing is causing Bitcoin's price drop, attributing it instead to shifts in risk appetite.

SGFORGE Unveils EUR CoinVertible on XRP Ledger

SGFORGE has launched its euro stablecoin, EUR CoinVertible, on the XRP Ledger, marking a significant step in its multichain deployment strategy.

Coinbase Forms Quantum Advisory Council

Coinbase has established an independent advisory board to assess quantum-related risks and develop migration strategies.

JP Morgan's Unique Perspective on the Future of the US Dollar

JP Morgan's analysis predicts a managed decline of the US dollar, estimating a 3% drop through mid-2026, contrasting with Wall Street's consensus.

Coinbase CEO Addresses Quantum Computing Concerns

Brian Armstrong, the CEO of Coinbase, reassures that quantum computing will not break blockchain technology, emphasizing ongoing preparations and proactive measures.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter