NHN Cloud said on the 21st that it signed a memorandum of understanding for "blockchain technology cooperation and ecosystem expansion" with Ava Labs, the developer of the global blockchain platform Avalanche, and Blocko, a blockchain managed service provider (MSP) corporations.
Ava Labs is a corporations that developed the blockchain platform "Avalanche," providing innovative digital asset solutions and customized blockchain services based on fast processing speeds and high scalability. Blocko is an MSP corporations that safely and efficiently supports the entire process from selecting and building a blockchain platform to operation, accounting, monitoring, and risk management.
Through this agreement, the three companies plan to strengthen cooperation in various areas, including ▲ exchange of technical expertise and personnel ▲ sharing of data and infrastructure resources ▲ joint research and marketing, and to support stable operations by connecting cloud and blockchain to build an integrated environment that enables the use of blockchain functions even in existing systems.
To that end, NHN Cloud will provide cloud infrastructure and software tools that support the integration and deployment of blockchain solutions; Ava Labs will handle technical support such as blockchain integration and joint marketing; and Blocko will oversee coordination and improvement of blockchain implementation.
Heo Hee-do, head of the NHN Cloud cloud business division, said, "The combination of NHN Cloud's proven infrastructure and the outstanding technological capabilities of Ava Labs and Blocko will serve as a springboard for creating a safe and innovative blockchain ecosystem," adding, "We will actively cooperate to provide customers with optimal solutions based on our proven infrastructure operation capabilities across various industries."