Alibaba Cloud has been providing multi-chain compatible blockchain node services in Japan since 2023. This enables developers to shorten the time for developing and deploying new products and focus on developing the value of applications. Alibaba Cloud's high-performance and stable node hosting service performs node monitoring and automatic switching in case of failures. This allows developers to save the effort of physical monitoring and problem-solving, further concentrating on product development and contributing to the reduction of product market launch periods.

Alibaba Cloud's world-class security and global compliance features prevent unauthorized access to nodes and protect nodes from DDoS attacks. Nodes are placed behind cloud firewalls, and only authenticated users and machines are allowed to communicate with client endpoints.

Alibaba Cloud is committed to providing a robust, secure, and high-performance technology platform and intelligence tools to support web 3.0 developers worldwide in building their applications.

Additionally, following last year, a game hackathon is planned for 2024 as well. Alibaba Cloud, with its strength in cross-industry digital technologies, particularly in the gaming field, will provide cloud infrastructure, technology platforms, and intelligence tools for Japanese web3 developers. It supports customers and developers in building their applications in games, metaverses, social media, and other fields.

Furthermore, as demand for AI technology increases globally, Alibaba Cloud also offers various solutions in the AI field. At the first AI & Big Data Summit "AI Forward" held in Singapore in January 2024, Alibaba Cloud announced a serverless version of its cost-effective solution for model deployment and inference, the AI platform - Elastic Algorithm Service (PAI-EAS). This allows users to utilize computing resources as needed, eliminating the need for physical or virtual server management and maintenance. Moreover, users are only charged for the computing resources they use, which can reduce inference costs by about 50% compared to traditional pricing models.

Alibaba Cloud has also announced the upgrade of its big data services, including Max Compute Max Frame, a distributed Python data processing framework, PAI-Artlab, a comprehensive platform for model training and image generation to foster designers' creativity, and large language models (LLM) such as "Tongyi Qianwen" and the AI image generation model "Tongyi Wanxiang". A wide range of global companies, from large corporations to startups, can utilize Alibaba Cloud's cutting-edge technologies to pursue digital transformation.