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The cloud computing arm of Alibaba Group, Alibaba Cloud, and a smart contract layer-1 blockchain platform, Avalanche, announced a collaboration to deploy metaverse on the blockchain.
Metaverse is a virtual reality environment that allows interaction between users in a simulated space.
Recently, it has gained popularity as an immersive space for socializing, gaming, and commerce. However, current metaverse platforms sometimes face network, reputation, and security risks.
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
The partnership between Alibaba Cloud and Avalanche will leverage the strengths of both companies to address such challenges.
Alibaba Cloud will provide its expertise in cloud computing, artificial intelligence, and data analytics to create a secure and scalable metaverse infrastructure.
This will be supported by a launchpad Cloudverse allowing businesses to customize, maintain, and launch their metaverse environments on the Avalanche blockchain.
The operation will also use the assistance of a third partner, a service layer MUA DAO that will facilitate the implementation of metaverse integration and customization.
This information came from the president of Ava Labs, John Wu.
Meanwhile, Avalanche will bring its high-performance smart contract platform to ensure decentralization and interoperability across metaverse ecosystems.
The layer-1 blockchain platform has subnetworks (subnets) – a set of nodes the team can build on the blockchain.
In other words, operators can customize these subnets to suit a particular need on a blockchain.
Through this infrastructure, it will be easy to create customizable blockchain solutions using the Cloudverse.
The partnership between Alibaba Cloud and Avalanche is expected to accelerate the development of metaverse ecosystems and open up new opportunities for users, developers, and businesses.
With the power of blockchain technology, metaverse platforms can become more decentralized, secure, and interoperable, unlocking new 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.
Cloudverse would provide builders with different support systems, including interactive functions, continued operations, meta-economics, events, and more.
They also mentioned that the estimated time it would take each metaverse space to be ready in about a month following initial outreach.
The partnership aims to empower developers to create a secure virtual world that can seamlessly connect to a broader ecosystem.