The altcoin, announcing an agreement with Chinese e-commerce giant Alibaba, took off.
AIOZ Network announced its participation as a blockchain partner in Alibaba Cloud’s Innovation Accelerator, the cloud service provider for the e-commerce giant Alibaba.
According to the established partnership, it is stated that Alibaba Cloud’s infrastructure services will be used to develop Web 3, AI, storage, and streaming services.
Erman Tjiputra, founder of AIOZ Network, stated in a statement about the subject that this collaboration represented an important step forward:
This collaboration with Alibaba Cloud represents an important step forward. We are excited to encourage and support groundbreaking innovations of the new generation developers.
According to CoinGecko data, AIOZ, which has shown a 332% increase in the last 1 month, is trading at $0.898 at the time of writing.
