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China’s Largest Internet Company Tencent Partners with Ankr to Revolutionize Web3, Supporting Ethereum, BNB Smart Chain, and Polygon

September 13, 2023
in Crypto News
Reading Time: 4 mins read
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China’s Largest Internet Company Tencent Partners with Ankr to Revolutionize Web3, Supporting Ethereum, BNB Smart Chain, and Polygon
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Gold cryptocurrency coin – etherum classic, on background of computer motherboard.

  • Tencent Cloud launches Web3-native product, Blockchain RPC, in partnership with Ankr.
  • Blockchain RPC offers ultra-low latency, scalability, and reliability for developers and enterprises in the Web3 environment.

Introduction:

Tencent Cloud, the cloud arm of global tech giant Tencent, has unveiled its groundbreaking Web3-native product, Tencent Cloud Blockchain RPC, developed in partnership with Ankr. This innovative offering aims to provide developers and enterprises with robust Web3 infrastructure, enhancing their capabilities in the ever-evolving Web3 landscape.

Empowering Web3 Builders:

Tencent Cloud Blockchain RPC introduces a novel solution, allowing developers to seamlessly query data and process transactions across various blockchains with exceptional speed and reliability. This is achieved through a collaborative effort with Ankr, ensuring the stability of the underlying node infrastructure. The result is ultra-low latency, enabling developers to focus on crafting decentralized applications without worrying about infrastructure bottlenecks.

Overcoming Node Challenges:

In addition to simplifying blockchain access, Tencent Cloud Blockchain RPC addresses the formidable challenges enterprises and Web3 projects face when building their own nodes. High operational costs, resource demands, and the need for rapid fixes from blockchains pose significant hurdles. Moreover, issues like weak stability and availability, hardware failures, network interruptions, and malicious attacks can adversely affect application performance. The service also resolves the problem of elastic scaling, enabling nodes to flexibly adapt during periods of high demand.

Key Insights from Industry Leaders:

Poshu Yeung, Senior Vice President of Tencent Cloud International, expressed the company’s commitment to the global Web3 community and its desire to empower developers. Stanley Wu, Co-Founder and CTO of Ankr, highlighted the significance of their partnership in advancing blockchain applications, both from emerging Web3 initiatives and established enterprises.

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Unleashing the Power of Tencent Cloud Blockchain RPC:

Tencent Cloud Blockchain RPC offers multiple versions, including a public version for free blockchain interaction with set features and rate limits, and a premium version for Pay-as-you-Go blockchain interaction with enhanced capabilities. Enterprises can also anticipate an exclusive version covering more blockchains and regions in the near future. The product’s strengths lie in high concurrency performance, disaster tolerance, high availability, and ultra-low latency RPC services. It also boasts flexible billing and 24/7 enterprise-level technical support.

Global Reach:

Tencent Cloud’s Web3 product is now available in the Hong Kong and Singapore availability zones, catering to a global audience. Initially, it supports Ethereum Mainnet, BNB Smart Chain, and Polygon PoS, with plans to include more Layer-1 and Layer-2 roll-up blockchains. Coupled with Tencent Cloud’s other tools and infrastructure, Tencent Cloud Blockchain RPC aims to accelerate Web3 innovation development.

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Tencent Cloud continues its mission to create innovative solutions and drive digital transformation across various industries. With their commitment to Web3, they are poised to help builders accelerate the adoption of decentralized technology through partnerships, secure tools, and cloud infrastructure.

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