The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

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Zug, Switzerland, September 21st, 2023, Chainwire

The partnership entails an enterprise node deployment service offered by Chainbase

The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region.

As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure. Tencent Cloud has already successfully supported TON validators and plans to expand its services further to help meet TON’s high compute intensity and network bandwidth needs. Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subject to approval, a dedicated amount of cloud credits and product discounts, made available through the Tencent Cloud Startup Program.

TON Foundation offers an enterprise-ready blockchain system built for large-scale Web3 applications featuring near-instant transaction speeds, highly reliable connectivity, low latency, and low fees. TON Foundation’s support for the launch of Wallet in Telegram, an integral piece of the Web3 ecosystem infrastructure, is a clear demonstration of this. Today, TON is well suited to cultivate growth in emerging markets like the Asia-Pacific region, as developers are able to leverage the tools provided by Tencent Cloud and TON to acquire and onboard users, ensuring a familiar, intuitive, and natural user experience.

Leveraging their extensive experience in data indexing and querying, Chainbase will offer the first data indexing product on TON. This will allow for the free utilization, querying, and analysis of all TON data per developers’ unique use cases. Chainbase’s enterprise node deployment service will deliver low-latency and highly reliable blockchain connectivity for Web3 projects

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Author: Crypto Daily™

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