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
XRP Sees Bullish Sentiment as Long Positions Surge

XRP is experiencing a significant increase in long positions among top traders, indicating a bullish trend.

Security Recommendations for Instagram Users Amid Data Leak

Security recommendations for Instagram users following a data breach, including enabling two-factor authentication and changing passwords.

Leios Progressing Towards Mainnet Launch

The Cardano Improvement Proposal for Leios is nearing completion, with significant progress reported. Currently, Leios is 67% complete and actively progressing towards its mainnet launch.

175 Million Instagram Users' Data Allegedly Compromised

175 million Instagram users' data allegedly compromised, including usernames, email addresses, and phone numbers, raising concerns about identity theft and fraud.

India Tightens Crypto Onboarding Regulations

India's Financial Intelligence Unit has issued new guidelines for crypto exchanges to enhance user verification processes.

Key Economic Developments and Altcoin Events Ahead

Key economic developments and altcoin events are scheduled for the upcoming week that may influence the cryptocurrency market.

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