TON Foundation Engages Chainbase and Tencent Cloud for Web3 Development and Adoption

<p>The
Open Network (TON)
Foundation has partnered with Chainbase and Tencent Cloud to simplify
blockchain development as the Foundation ushers in the next era of Web3 mass
adoption across the Asia-Pacific region. </p><p>As one
of the world's leading cloud providers, Tencent Cloud offers reliable computing
resources and optimized network connectivity through its global cloud
infrastructure. Tencent Cloud has already successfully supported TON validators
and plans to expand its services further to help meet TON’s high compute
intensity and network bandwidth needs. </p><p>Tencent
Cloud and TON Foundation are devoted to supporting web applications and bots
built within Telegram. For example, Telegram games built on TON can benefit
from Tencent Cloud's enriched gaming solution and reference cases. For all
projects built on TON, Tencent Cloud will offer, subject to approval, a
dedicated amount of cloud credits and product discounts, made available through
the Tencent Cloud Startup Program.</p><p>TON
Foundation offers an enterprise-ready blockchain system built for large-scale
Web3 applications featuring near-instant transaction speeds, highly reliable
connectivity, low latency, and low fees. TON Foundation’s support for the
launch of Wallet in Telegram, an integral piece of the Web3 ecosystem
infrastructure, is a clear demonstration of this. Today, TON is well suited to
cultivate growth in emerging markets like the Asia-Pacific region, as
developers are able to leverage the tools provided by Tencent Cloud and TON to
acquire and onboard users, ensuring a familiar, intuitive, and natural user
experience.</p><p>Leveraging
their extensive experience in data indexing and querying, Chainbase will offer
the first data indexing product on TON. This will allow for the free
utilization, querying, and analysis of all TON data per developers' unique use
cases. Chainbase’s enterprise node deployment service will deliver low-latency
and highly reliable blockchain connectivity for Web3 projects and developers on
TON, empowering them to achieve more with less effort.</p><p>“We
share the goal of making these services available soon via Tencent Cloud,” said
Chris, COO of Chainbase. “Soon, we’ll be providing a readily accessible gateway
to TON for millions of developers and end users. Through this strategic
partnership, Chainbase aims to facilitate frictionless adoption across the
thriving APAC blockchain landscape.”"Our collaboration with Tencent Cloud
is the latest milestone in our journey to accelerate the global adoption of
blockchain technology. By joining forces, we can leverage our combined
expertise to drive the development of technological solutions built
on-chain," said Justin Hyun, Head of Growth at TON Foundation. “We are
committed to working closely together with Chainbase and Tencent Cloud to
provide developers with the tools that they need to deliver transformative
TON-based solutions to industries and users worldwide.”</p><p>This
partnership aims to simplify blockchain development and elevate user
experiences across various industries. Projects interested in learning more
about integrations through Chainbase and Tencent Cloud may contact TON
Foundation directly via Telegram.</p><p>About
TON Foundation:</p><p>The Open
Network Foundation (TON Foundation) (https://ton.foundation/) is a non-profit
organization founded in Switzerland in 2023. TON Foundation is 100% funded by
the community, acting in the community's interests, and supports initiatives
aligned with The Open Network’s mission. </p><p>About
The Open Network (TON):</p><p>The Open
Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem
in Telegram Messenger, TON is giving billions the opportunity to own their
digital identity, data, and assets. </p><p>About
Chainbase</p><p>Chainbase
is an all-in-one data infrastructure for Web3 that allows you to index,
transform, and use on-chain data at scale through diverse tools we provide,
such as pre-defined APIs, SQL studio, data syncing, subgraph hosting, and more.
With an OPEN, FAST, RELIABLE platform, and a suite of seamless developer tools,
Chainbase's ultimate goal is to increase data freedom in the crypto and unleash
better data utilization and full data ownership. More than 5,000 developers
actively utilize our platform as their data backend and integrate our service
into their main workflow. Additionally, we are working with ~10 top-tier public
chains as first-tier validators and managing over US $500Mn tokens as a
validator node provider. </p><p>About
Tencent Cloud</p><p>Tencent
Cloud, one of the world's leading cloud companies, is committed to creating
innovative solutions to resolve real-world issues and enabling digital
transformation for smart industries. Through our extensive global
infrastructure, Tencent Cloud provides businesses across the globe with stable
and secure industry-leading cloud products and services, leveraging
technological advancements such as cloud computing, Big Data analytics, AI,
IoT, and network security. As for Web3, Tencent Cloud is committed to helping
builders accelerate the adoption of decentralized technology, with our
connections with global Web3 ecosystem players, and our simple, secure tools
and cloud infrastructure.</p>

This article was written by FL Contributors at www.forexlive.com.