This Wednesday, June 8th Alibaba (NYSE:) Cloud, China’s biggest cloud service provider, announced the launch of NFT solutions to help developers build NFT marketplaces in a fast and reliable way.

Alibaba Cloud NFT Solutions

Alibaba Cloud’s NFT solutions were launched to allow creators and artists to easily monetize NFT projects. Alibaba’s NFT solutions come with three different products.

Alibaba Cloud is the original product. Elastic (NYSE:) Compute service (ECS) was created to assist creators and developers in building NFT marketplace web server servers. It is easy and highly elastic.

A Digital Marketing Service is next, which incorporates SMS in order to assist creators with creating efficient marketing channels that reach customers. Alibaba’s SMS selects the best route in real-time when users send promotional, notification, and verification messages to customers worldwide.

The third is a Global Delivery Service – Alibaba Cloud Content Delivery Network (CDN) and Server Load Balancer (SLB). It’s a highly-performant NFT delivery service for Alibaba Cloud nodes that can support up to 100,000 queries every second.

To The Flipside

• China’s government is warning about NFT trading, and crypto-mining being outlawed.

What You Need to Care About

Alibaba has not stated whether its crypto solutions support it, but the company will be focusing on NFT adoption and digital art.

Read about Alibaba’s first move into NFT below:

Alibaba follows the trend: Creates an NFT Marketplace

You can see the effects of this ban on Alibaba Cloud below.

The widespread disruption of crypto mining operations in Europe and parts of Asia is affecting all aspects of the operation of Alibaba Cloud.

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