HUAWEI CLOUD and COBO Announce Strategic Blockchain Partnership in Asia

HUAWEI CLOUD, the cloud service division of worldwide expertise titan Huawei, has formally entered right into a “Memorandum of Understanding (MoU)” with COBO, a frontrunner in digital asset custody options. This landmark announcement was made throughout an unique, closed-door occasion.

The collaboration between HUAWEI CLOUD and COBO is not only a partnership however a shared imaginative and prescient. Each entities are striving to speed up the adoption and evolution of blockchain expertise throughout Asia. HUAWEI, with its intensive expertise spanning over three a long time in ICT infrastructure merchandise and options, has at all times been on the forefront of technological innovation. Their current technique, “all the things as a service”, encompasses Infrastructure-as-a-Service, Know-how-as-a-Service, and Experience-as-a-Service. This technique goals to empower its clients with the most recent in cloud providers, knowledge, AI, and extra. With a world footprint, HUAWEI CLOUD affords over 220 cloud providers and options. Within the Asia Pacific area alone, they’ve a robust presence with operational nodes in Singapore, Hong Kong (China), Thailand, and Malaysia, serving a myriad of industries together with Web3, fintech, logistics, and media.

On the opposite aspect of this partnership, COBO, a globally acknowledged chief in digital asset custody options, has been pioneering improvements with its world’s first omni-custody platform. Their choices span from full custody, co-managed MPC custody, to totally decentralized custody. In addition they present wallet-as-a-service, superior DeFi funding instruments, and an off-exchange settlement community. With the belief of over 500 establishments and billions in property beneath their administration, COBO has constantly demonstrated its dedication to making sure the safe and environment friendly administration of digital property, particularly within the Internet 3.0 period. Their achievements are additional solidified with SOC2 Sort 1 and Sort 2 compliance certifications and licenses throughout 5 jurisdictions.

Collectively, HUAWEI CLOUD and COBO are set to introduce a strong, resilient, and supremely safe pockets infrastructure, which is seen as a foundational ingredient for the rising Web3.0. 

Combining their distinctive capabilities, profound data, and intensive connections, they search to spearhead developments, encourage collaboration throughout the sector, and grow to be central figures within the development and transformation of the blockchain sphere all through Asia and globally.

The collaboration transcends a mere enterprise settlement; it embodies a dedication to the promising horizon of blockchain and its transformative energy throughout sectors, economies, and particular person lives.

Picture supply: Shutterstock

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