KEY TAKEAWAYS
- Kima partners with Alibaba Cloud to enhance its infrastructure, targeting enterprise-level clients like banks and fintechs.
- The partnership allows Kima to operate globally with improved reliability, security, and compliance.
- Kima addresses Web2 and Web3 fragmentation by enabling seamless transactions between traditional financial systems and decentralized platforms.
- Future plans include new partnerships, infrastructure expansions, and tools for developers to leverage Kima’s capabilities in fiat-crypto settlement.
Kima, a company focused on bridging the gap between Web2 and Web3 systems, has announced a significant partnership with Alibaba Cloud. This collaboration aims to enhance Kima’s infrastructure capabilities, enabling it to meet the demands of enterprise-level clients, including banks and fintech institutions.
During a recent Ask Me Anything (AMA) session, Kima’s Co-founder and CEO, Eitan Katz, highlighted the importance of this partnership. Katz emphasized that Alibaba Cloud’s global infrastructure provides the reliability, security, and compliance necessary for Kima to operate on a global scale. He stated, “This partnership isn’t just symbolic — it enables us to run globally distributed nodes with compliance and availability standards that meet real enterprise demand.”
Addressing Fragmentation in Web2 and Web3
Kima aims to solve the fragmentation problem between Web2 and Web3 systems. According to Katz, the company is enabling seamless transactions between traditional financial systems and decentralized platforms. This approach allows for transactions to move from a mobile banking app to a decentralized wallet or from a DeFi protocol into a real-world business without the need for wrapping assets, bridges, or oracles.
Katz explained that Kima is building cross-ecosystem interoperability, allowing apps, chains, institutions, and businesses to interact natively. This new settlement layer is designed to prioritize security, compliance, and scalability, moving beyond traditional interoperability solutions that rely on centralized bridges or risky smart contract dependencies.
Future Developments and Opportunities
Looking ahead, Kima plans to announce new partnerships, some within the enterprise space and others with projects that have gained traction in the crypto and DeFi sectors. Katz also mentioned upcoming infrastructure announcements, expanded node deployments, and new tools to help developers and users leverage Kima’s capabilities, particularly in fiat-crypto settlement.
For builders, founders, and institutions interested in Kima, Katz extended an invitation to collaborate, especially for those in payments, fintech, e-commerce, or crypto infrastructure. He noted that Kima is building a protocol that addresses the challenges of broken bridges, incomplete integrations, and patchwork compliance, aiming to make Web3 usable, secure, and enterprise-ready.
The full AMA session can be viewed here.
Why This Matters: Impact, Industry Trends & Expert Insights
Kima’s partnership with Alibaba Cloud aims to enhance cross-ecosystem interoperability, bridging Web2 and Web3 systems to facilitate seamless transactions and improve infrastructure capabilities for enterprise-level clients.
The current industry shift in Web2-Web3 integration is characterized by the increasing convergence of decentralized applications into traditional environments, driven by decentralization and user control. This aligns with Kima’s efforts to address fragmentation between Web2 and Web3 systems, enabling seamless interactions across platforms. OSL Academy
As per insights from a Bangkok Post report, Web3 is transitioning from hype to a foundational technology embraced by enterprises. This supports Kima’s strategic integration efforts with Alibaba Cloud, aiming to enhance scalability and compliance for enterprise clients.
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Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.