Web 3.0
Japan
SME/Startup
"We're excited about this partnership with Alibaba Cloud! Alibaba Cloud’s range of Web3 solutions marks it as a vital partner for Chainbase in our global expansion. While we have experimented with other cloud providers to host our core services, none were able to provide the speed, scalability and suite of tools that Alibaba Cloud could offer."
Mogu
CEO of Chainbase
About
Chainbase
Chainbase
Chainbase is the world's largest omnichain data network designed to integrate all blockchain data into a unified ecosystem, providing an open and transparent data interoperability layer for the Al era.
Chainbase attracts more than 15,000 developers and data scientists, and the 8,000 applications built on it form a vibrant ecosystem. People can now freely access and train data models to integrate predictions, analytics and insights into their applications.
Recent rapid growth has seen Chainbase need more exposure and computing resources to fuel its progress. To do this, it migrated its blockchain data platform to Alibaba Cloud to improve service speed at a lower cost, allowing it to reinvest in its dramatic business growth.
Challenges
Chainbase’s previous partner was chosen to host its Web3 data platform as its US data centres were cost effective at the time, allowing a flexible, quick start for Chainbase as it established itself.
However, due to rapid growth Chainbase saw the need to improve efficiency and computing resources to help it progress faster. Its existing cloud resources with the previous partner were taking up a significant portion of operating expenses, stealing vital resources from growth opportunities.
Chainbase was therefore looking for a highly stable, secure and cost effective cloud partner that could host its Web3 data platform during this period of high-speed expansion and beyond. Crucially, with over 200TB of data to transfer, migration required a partner to act quickly, without disruption.
Why Alibaba Cloud
Alibaba Cloud was chosen as a partner by Chainbase as it offered both the cost effectiveness and robustness required to support this major platform migration, all without downtime. The flexibility and support offered to Chainbase was second to none, allowing vital resources to be diverted into the main goal: growth.
With a key concern being the complexity of the migration process, Alibaba Cloud demonstrated the expertise to meet the challenge - with always-on technical support when required.
Crucially, Alibaba Cloud’s diverse range of services were enticing to Chainbase, who recognised the longer term partnership opportunity of co-building the infrastructure for the Web3 and AI era.
Architecture
Alibaba Cloud migrated Chainbase’s Web3 data platform to Alibaba Cloud Singapore which now supports the entire business ecosystem with its Blockchain Node Service (BNS), Cloud Data Transfer, Data Lake Formation, customer API, Web3 API and data synchronization solutions.
To do this, Alibaba Cloud implemented stable and secure infrastructures, including Container Service for Kubernetes (ACK) to host the node services, ApsaraMQ for Kafka and Realtime Compute for Apache Flink to handle real-time data tasks, Hadoop Distributed File System and E-MapReduce to provide the big data foundation, and ApsaraDB for ClickHouse, PolarDB and ApsaraDB RDS for MySQL to store structured data. These cloud-native solutions replaced existing self-built open-source architecture in the previous cloud partner, increasing Chainbase’s adhesiveness.
Despite the complexity of the migration, the process took only a month to complete, and was achieved without downtime or disruption. To do this, Alibaba Cloud maintained speed through using multiple VPNs and internal networks to improve transmission efficiency. Its expert team also provided round the clock technical support, guaranteeing business stability.
Key Results
Following the migration to Alibaba Cloud, Chainbase enjoyed a 50% reduction in infrastructure costs, all while maintaining stability and security. This allowed Chainbase to focus its internal resources towards product development and refinement much faster than would have been possible with a slower or more expensive migrations
Looking Forward
As the partnership grows, Alibaba Cloud will continue supporting Chainbase’s rapid growth.
Chainbase will be launching a plan to go fully decentralized in the second half of the year, and more broadly collaborate with the developer community to build an omnichain data network and an AI-driven Crypto World Model. Alibaba Cloud will support these initiatives at the resource level by providing more storage IO and GPU computing power, and Chainbase also hopes to leverage Alibaba Cloud's community resources to accelerate the development of network and AI model components.
Fundamentally, the partnership will provide security, stability and efficiency for Chainbase to grow its operations. Together, with Alibaba Cloud, it will continue to forge the Data and AI future.
Featured Products
A fully managed node remote procedure call (RPC) service for development in a Web3 ecosystem.
An end-to-end solution to efficiently build a secure data lake.
Unified billing for Internet data transfers and cross-region data transfers.
A Kubernetes-based service that ensures high efficiency for enterprises by running containerized applications on the cloud.
A fully-managed Apache Kafka service to help you quickly build data pipelines for your big data analytics.
Transform your streaming process with Realtime Compute for Apache Flink.<br/>The fully managed, cloud-native, serverless Apache Flink® service on Alibaba Cloud.
EMR is an all-in-one enterprise-ready big data platform that provides cluster, job, and data management services based on open-source ecosystems, such as Hadoop, Spark, Kafka, Flink, and Storm.
Alibaba Cloud PolarDB is a cloud-native relational database service that decouples computing resources from storage resources and uses integrated software and hardware to provide secure and reliable services with high performance, auto scaling capabilities within seconds, and a large storage capacity. PolarDB is 100% compatible with MySQL and PostgreSQL and is highly compatible with the Oracle syntax.
A fully hosted online database service that supports MySQL 5.7 and 8.0.
ApsaraDB for ClickHouse is a distributed column-oriented database service that provides real-time analysis. ApsaraDB for ClickHouse is high-performance and easy to use. ApsaraDB for ClickHouse meets various enterprise requirements. It is widely used in traffic analysis, marketing analysis, behavior analysis, crowd division, customer profiles, agile BI, data marts, network monitoring, distributed services, and link monitoring.
Other Related Stories
Blockchain Solutions Limited
Utilizing Alibaba Cloud's Elastic GPU and global infrastructure, Blockchain Solutions Limited's flagship, Funverse, redefined metaverse platforms, aligning with their vision of seamless and secure digital solutions.
HEROZ
Established a solid IT infrastructure to support Kishin Analytics, which supports professional Shogi AI research using Shogi AI. Significantly contributed to the development of the Japanese Shogi community.
Ms-meta.HK
Ms-meta.HK is ablView Moree to develop its Metaverse offering owing to Alibaba Cloud's powerful and secure cloud services, ideal for rendering large and realistic scenes in the Metaverse.
Snapshot
By offering a cost-effective and robust hosting solution, Alibaba Cloud enabled Chainbase's rapid expansion and smooth data migration without downtime, halving infrastructure costs and enhancing efficiency and security.
Product/Solution Used
View More Solutions
Related Whitepaper
Reaching the New Gold Standard Using Big Data, AI, and Blockchain
This whitepaper focuses on architecting a big data solution in retail and finance scenarios, as well as the motivation and implementation of blockchain.
Download
A Free Trial That Lets You Build Big!
Start building with 50+ products and up to 12 months usage for Elastic Compute Service
Get Started for Free Get Started for Free