NHN Cloud signs business agreement with Avalanche and Blocko

NHN Cloud announced on the 21st that it has signed a 'business agreement for blockchain technology cooperation and ecosystem expansion' with Ava Labs and Blocko.

Ava Labs is the company that developed the blockchain platform 'Avalanche'. Based on fast processing speeds and high scalability, it provides innovative digital asset solutions and customized blockchain services. Blocko is an MSP company that safely and efficiently supports the entire process from blockchain platform selection to implementation, operation, accounting, monitoring, and risk management.

Through this agreement, the three companies will strengthen cooperation in various ways, such as △technical expertise and personnel exchange △data and infrastructure resource sharing △joint research and marketing. They will build an integrated environment that links cloud and blockchain so that blockchain functions can be used in existing systems, supporting stable operations.

To this end, NHN Cloud will provide cloud infrastructure and software tools that support integration and deployment of blockchain solutions. Ava Labs will provide technical support such as blockchain integration and joint marketing, and Blocko will be responsible for technical coordination and improvement of blockchain implementation.

Heo Hee-do, head of NHN Cloud's Cloud Business Division, said, 'The combination of NHN Cloud's proven infrastructure and the excellent technologies of Ava Labs and Blocko will serve as a stepping stone to create a safe and innovative blockchain ecosystem,' and added, 'We will actively cooperate to provide customers with optimal solutions based on proven infrastructure operation capabilities verified across various industries.'