HUAWEI CLOUD and COBO Announce Strategic Blockchain Partnership in Asia

blockchain.news:

HUAWEI CLOUD, the cloud service division of global technology titan Huawei, has officially entered into a «Memorandum of Understanding (MoU)» with COBO, a frontrunner in digital asset custody solutions. This landmark announcement was made during an exclusive, closed-door event.

The collaboration between HUAWEI CLOUD and COBO is not just a partnership but a shared vision. Both entities are striving to accelerate the adoption and evolution of blockchain technology across Asia. HUAWEI, with its extensive experience spanning over three decades in ICT infrastructure products and solutions, has always been at the forefront of technological innovation. Their recent strategy, «everything as a service», encompasses Infrastructure-as-a-Service, Technology-as-a-Service, and Expertise-as-a-Service. This strategy aims to empower its customers with the latest in cloud services, data, AI, and more. With a global footprint, HUAWEI CLOUD offers over 220 cloud services and solutions. In the Asia Pacific region alone, they have a strong presence with operational nodes in Singapore, Hong Kong (China), Thailand, and Malaysia, serving a myriad of industries including Web3, fintech, logistics, and media.

On the other side of this partnership, COBO, a globally recognized leader in digital asset custody solutions, has been pioneering innovations with its world's first omni-custody platform. Their offerings span from full custody, co-managed MPC custody, to fully decentralized custody. They also provide wallet-as-a-service, advanced DeFi investment tools, and an off-exchange settlement network. With the trust of over 500 institutions and billions in assets under their management, COBO has consistently demonstrated its commitment to ensuring the