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
a year ago

Other news
ETRADE Excels for Active Traders with Robust Tools

ETRADE is highlighted for its advanced trading tools and resources, making it ideal for active traders.

Charles Schwab Provides Low-Cost Trading Options for Investors

Charles Schwab is noted for its low-cost trading and comprehensive investment options, catering to a wide range of investors.

Public.com Offers Social Trading Features for Beginners

Public.com is noted for its commission-free trading and social engagement features, making it accessible for beginner investors.

Fidelity Investments Offers Comprehensive Resources for Beginners

Fidelity Investments is recognized for its extensive educational resources and diverse investment options, making it suitable for both beginners and seasoned investors.

XTB Named Best Beginner-Friendly Platform for Stock Trading

XTB has been recognized as the best overall platform for beginner investors in 2026, offering low commissions, a user-friendly platform, and access to a wide variety of financial instruments.

Pudgy Penguins Outshines Dogwifhat with Successful Campaign

Pudgy Penguins succeeded in its advertising campaign on the Las Vegas Sphere, unlike Dogwifhat, which failed to secure a similar promotion.

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