Alibaba Cloud launches its fifth European data center in Frankfurt

Alibaba currently has 3 data centers in Germany, 5 data centers in Europe and operates in 84 zones globally, covering 27 geographic nodes.

Web 3 could reach 1 billion users by 2031, says crypto venture fund giant A16z

Crypto venture fund giant Andreessen Horowitz (A16z) has highlight that the development of Web3.0 is at very early stage, estimating the next phase of the internet could reach 1 billion users by 2031.

Kakao's Klaytn to support use cases of Metaverse, NFT in China through blockchain infrastructure partnership with BSN

Klaytn, a Ethereum Virtual Machine (EVM) compatible blockchain backed by South Korean internet giant Kakao, will help build an open-permissioned blockchain for China’s state-backed Blockchain-based Service Community’s (BSN) to support use cases of NFT, metaverse, gaming in Chinese market.