Alibaba Cloud and Avalanche Collaborate to Enable Metaverse Deployment on Blockchain

Author

Asad Gilani

Author

Asad Gilani

About Author

Author Profile

Share

Copied

Last updated:

October 23, 2023 06:58 EDT

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Alibaba Cloud, the cloud computing subsidiary of Alibaba Group, has joined forces with Avalanche, a smart contract layer-1 blockchain platform, to launch a metaverse on the blockchain.

The partnership aims to bring new possibilities to the metaverse world by creating decentralized, secure, and scalable virtual worlds.

Alibaba Partners With Avalanche To Deploy Metaverse

Alibaba Cloud and Avalanche have partnered to address the challenges of deploying a secure and scalable metaverse infrastructure using the strengths of both companies.

Today, @alibaba_cloud announced that they are entering the metaverse–on Avalanche!

With Cloudverse, Alibaba Cloud's millions of clients can easily deploy custom metaverses and unlock new dimensions for consumers.#Avalanche will provide all blockchain elements for Cloudverse👇 pic.twitter.com/AlibhHjidN

— Avalanche 🔺 (@avax) May 4, 2023

Alibaba Cloud will utilize its cloud computing, artificial intelligence, and data analytics expertise to build a launchpad called  Cloudverse, which will enable businesses to create, customize, and maintain their metaverse environments on the Avalanche blockchain.

A third partner, MUA DAO, will facilitate the implementation of metaverse integration and customization.

Meanwhile, Avalanche will leverage its high-performance smart contract platform to ensure decentralization and interoperability across metaverse ecosystems. 

The platform’s subnets allow operators to customize the blockchain to suit specific needs.

By combining their resources, Alibaba Cloud and Avalanche will accelerate the development of metaverse ecosystems, creating new opportunities for users, developers, and businesses.

The deployment of a secure and scalable metaverse infrastructure through blockchain technology could lead to more decentralized, secure, and interoperable metaverse platforms, unlocking a new realm of possibilities for the future of virtual reality.

Functionality Of The Cloudverse System

According to the CEO and founder of Ava Labs, Emin Gün Sirer, anyone can create a metaverse at any time. 

It only takes 15 minutes to set up the chain, and builders can set up the turnkey and wallet in a few hours. 

He added that the technology was designed simply for anyone to work on, as all the available tools are open source.

Through Cloudverse, builders will have access to different support systems, including interactive functions, continued operations, meta-economics, and events.

They expect each metaverse space to be ready in about a month following initial outreach.

The partnership between Alibaba Cloud and Avalanche is intended to empower developers to create a secure virtual world that seamlessly connects to a broader ecosystem.