21/03/2024 (Singapore) - Avalanche blockchain and Alipay+, China's leading payment app, have announced a pioneering partnership to launch an e-wallet and voucher program incorporating Web3 technology. This collaboration introduces the Alipay+ D-store, a comprehensive digitalization solution enabling a Web3 voucher system. Users can earn vouchers through mini-games, applicable for up to 50% off on milk teas from selected brands at over 500 locations, with an expansion plan to 2,000 stores.
Central to this initiative is an Avalanche Subnet, managed by AvaCloud, which supports the program's deployment to over 100 million users across Southeast Asia. This initiative is the first phase of a proof-of-concept focusing on the food and beverage industry, aiming to facilitate seamless integration for e-wallet partners with the Alipay+ D-store for enhanced in-store and online operations.
The partnership leverages Avalanche's Subnet infrastructure and Web3 capabilities to offer a transparent and flexible digital voucher system. This effort not only enhances user engagement but also explores the potential for future collaborations with digital collectibles and blockchain features. AvaCloud's strategic expansion incorporates a hybrid cloud infrastructure model, combining AlibabaCloud and AWS, to support its diverse cloud requirements.
Avalanche's technology ensures eco-friendly blockchain solutions with rapid transaction finalization, positioning it as a frontrunner for Web3 development. The collaboration with Alipay+ signifies a crucial step forward in digitalization, leveraging cutting-edge blockchain technology to transform the digital economy.