Together, Alibaba and Avalanche shift into high gear. Driven by great ambitions to conquest of Web3both think about going further into the universe of corporate metaverse. To see the latest news, the Alibaba subnet has been successfully deployed on the Avalanche blockchain.
Alibaba subnet online
Last May, Alibaba Cloud and Avalanche were able to finalize the “Cloudverse” project, the result of a collaboration between an infrastructure specialist and a construction solutions provider. Through this enterprise metaverse, users were given the opportunity to create tailor-made metaverse spaces.
“ Is this the Alibaba subnet? »
The translation of the description in the photo pinned to this comment gives this:
“ The Cloudverse blockchain network is operated and managed by MUA DAO, and transports all data from the enterprise metaverse within the Cloudverse solution. Cloudverse is an enterprise metaverse platform that leverages Alibaba Coud services and Avalance ecosystem resources, built and managed by MUA DAO. It offers a complete metaverse solution for businesses and facilitates continuous expansion with support for various devices under global conditions. »
A quick glance at the site provided us with several details about this Alibaba subnet.
- Subnet name: Cloudverse Subnet;
- EVM chain ID: 33210;
- Virtual machine name: EthereumVM;
- Creation date: November 7, 2023;
- Number of transactions (at the time of writing): 1,511
- Number of active addresses per day: 143;
- Etc.
Subnet or subnetwork, what about?
According to CloudFlarethe “subnet” is similar to an existing network within a network. Hence the French translation “sub-network”. What about its usefulness? Generally, a subnet like that of Alibaba allows you to significantly reduce the flow of information once expected to borrow multiples of routers.
Through an IP address structure, it is possible to associate a range of devices with these addresses.
In other words, the deployment of Alibaba’s subnet on Avalanche (AVAX) will ensure a high level of convenience for the Cloudverse. Because the Chinese giant now has a subnetwork in this layer 1 blockchain.
Moreover, the objective of this “ unique and complete solution » is to allow “ to businesses to customize, launch and maintain their own metaverse spacethus creating new dimensions to attract customers “.
Let’s not forget that besides Alibaba Cloud and Avalanche, there is a third player: MUA DAO. In this enterprise metaverse project, this decentralized autonomous organization will work on creating service layers conducive to the integration of metaverses on the host blockchain.
It is completely understandable that Alibaba wants to become a flagship company in the metaverse. China, where she comes from, seems disinclined towards cryptocurrencies and instead prefers new projects associated with virtual worlds and Web 3.0.
Maximize your Tremplin.io experience with our ‘Read to Earn’ program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
