Chainlink Labs and Tencent Cloud Join Forces to Empower Web3 Startups

Chainlink Labs, a leading provider of secure and reliable open-source solutions, announced its partnership with the cloud business of global tech company Tencent. The collaboration is to support the development of Web3 startup companies.

On May 31, Chainlink Labs tweeted that the company is partnering with Tencent to accelerate the adoption of decentralized technology. The two companies will help developers build more secure and reliable decentralized applications.

Chainlink Labs to Enhancing Developer Infrastructure

According to the report, the partnership provides Web3 developers with stable and secure cloud services and tooling. Tencent has a wide range of Web3 solutions within various segments. With that, developers can build more reliable, secure, and feature-rich applications.

As a part of the partnership, Chainlink Lab will get to access Tencen’s global infrastructure. It includes its data center, computing resources, and networks. The collaboration will focus on providing developers with a secure and reliable infrastructure to build applications. With this partnership, Chainlink will provide its Oracle services to developers. 

Chainlink projects will get benefits from Tencent, including up to $100,000 in vouchers, product listings on Tencent Cloud’s international marketplace, and early invitations to the company events such as webinars and web3 networking. 

Poshu Yeung, Senior Vice President at Tencent Cloud, stated that supporting developers with decentralized services and tooling will allow developers to build a more robust and advanced application that accelerates web3 adoption. Moreover, secure and scalable infrastructure is critical to the success of the global Web3 ecosystem. 

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