According to official news, Alibaba Cloud announced at the 2WEB3 FEST summit held in Hong Kong that it will launch a series of out-of-the-box Web3 security tools in April. The Web3 security tools can be used by developers and enterprises for security scenarios such as private key management, risk assessment, transaction review, compliance and user authentication. These tools include multi-party secure computing (MPC), identity verification (KYC) and anti-money laundering (AML) services, which will help Web3 developers protect data, save labor costs and improve operational efficiency. Alibaba Cloud will also provide blockchain node services for Hong Kong Web3 developers this year.
In addition, Alibaba Cloud has also cooperated with the Web3 education platform and community Blockchain Academy and blockchain infrastructure solution provider NodeReal to build Hong Kong's Web3 ecosystem, and cooperated with Blockchain Academy to establish a new Web3 community, providing learning, work and business opportunities for young people and start-ups through blockchain education activities and competitions; NodeReal will build nodes on the Alibaba Cloud platform to provide blockchain services to Alibaba Cloud users.