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HUAWEI CLOUD and COBO Announce Strategic Blockchain Partnership in Asia

August 18, 2023
in Blockchain
Reading Time: 2 mins read
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HUAWEI CLOUD, the cloud service division of worldwide know-how 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 isn’t just a partnership however a shared imaginative and prescient. Each entities are striving to speed up the adoption and evolution of blockchain know-how throughout Asia. HUAWEI, with its in depth expertise spanning over three a long time in ICT infrastructure merchandise and options, has all the time been on the forefront of technological innovation. Their latest technique, “every little thing as a service”, encompasses Infrastructure-as-a-Service, Expertise-as-a-Service, and Experience-as-a-Service. This technique goals to empower its prospects with the most recent in cloud companies, information, AI, and extra. With a world footprint, HUAWEI CLOUD gives over 220 cloud companies and options. Within the Asia Pacific area alone, they’ve a powerful 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 completely decentralized custody. Additionally 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 belongings beneath their administration, COBO has constantly demonstrated its dedication to making sure the safe and environment friendly administration of digital belongings, 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 sturdy, resilient, and supremely safe pockets infrastructure, which is seen as a foundational component for the rising Web3.0. 

Combining their distinctive capabilities, profound information, and in depth connections, they search to spearhead developments, encourage collaboration throughout the sector, and grow to be central figures within the progress 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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Tags: AnnounceAsiaBlockchainCloudCOBOHuaweiPartnershipStrategic
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