What was the impact of the AI solution?

Migration completed in three months. Infrastructure costs reduced by over 50%. Improved processing speeds and enabled scalable, compatible architecture to support future blockchain product and service development.

Source

AlibabaEvidence: Medium50/100

Alibaba Cloud powers HashKey Group with big data stack for blockchain/digital asset services

Use case typeData platform modernizationUpdated Dec 11, 2024

HashKey Group, a Hong Kong-based digital asset financial services group, migrated blockchain analytics and data workloads to Alibaba Cloud managed services. The implementation used Alibaba Cloud DataWorks, Hologres, MaxCompute, and Realtime Compute for Apache Flink to support data integration, warehousing, real-time analytics, and streaming processing. HashKey Group said the change strengthened infrastructure, improved performance, and supported compliant digital asset services and future blockchain product development.

Organization: HashKey Group
Industry: Finance
Location: Hong Kong
Published: December 2024

Reported outcomes

−50%

infrastructure costsCost savings

3 monthsmigration time

Strategic outcomes

Scale & capacityImproved processing speed and scalable architectureRisk & complianceSecure, compliant digital asset services

Why do we believe this?Outcome claims, sources, and evidence checks

Normalized claim

Migration time: 3 months

Alibaba Cloud CustomersDec 11, 2024Customer storyExplicit claimMedium evidence strength

The entire migration process lasted three months

Normalized claim

Infrastructure costs: 50% decrease

Alibaba Cloud CustomersDec 11, 2024Customer storyExplicit claimMedium evidence strength

Infrastructure costs were reduced by over 50%

Why do we believe this deployment?Customer identity, provider attribution, maturity, and source checks

Customer: HashKey Group
Provider: Alibaba
Maturity: Unknown
Linked source: Alibaba Cloud Customers

No explicit deployment-stage evidence found.

Customer identity supportedSource describes one deploymentMaturity evidence evaluated

Primary read

Use case focus

Showing 3 of 3

1Data platform modernization
2Real-time analytics
3Cloud migration

HashKey Exchange and related Web3 platforms required scalable, high-performance data processing and secure infrastructure to grow while maintaining cost control and compliance.

Migrated blockchain analytics and data workloads to Alibaba Cloud managed services.
Used DataWorks for data integration, development, and governance.
Used Hologres for real-time high-concurrency querying and analytics, MaxCompute for large-scale warehousing, and Flink-based realtime processing for streaming analytics.

Technologies

Alibaba Cloud DataWorks Alibaba Cloud Hologres Alibaba Cloud MaxCompute Realtime Compute for Apache Flink

Migration completed in three months.
Infrastructure costs reduced by over 50%.
Improved processing speeds and enabled scalable, compatible architecture to support future blockchain product and service development.

Architecture

HashKey Exchange employs Alibaba Cloud's comprehensive big data suite, including DataWorks, Hologres, MaxCompute, and Flink. DataWorks supports data integration, development and quality management; Hologres provides real-time data analysis and high-concurrency querying; MaxCompute stores and processes large datasets; and Realtime Compute for Apache Flink enables real-time data processing and complex transformation and analysis.

Sources & evidence1

Evidence: Medium50/100Evidence strength