Covalent (CQT) has entered into strategic partnerships with Infura, Tencent, and Microsoft to introduce the Decentralized Infrastructure Network (DIN). This collaboration aims to enhance the internet by creating improved public infrastructure.

Covalent, which provides a Web3 data index with billions of data points accessible through a single API, has amassed unstructured data from more than 199 blockchains and transformed it into a structured format. This data is used in decentralized apps (DApps), data analytics, and artificial intelligence. With a developer community surpassing 40,000 and powering over 5,000 applications, CQT will enable Infura's developers to access detailed, verifiable blockchain data across several networks, including Ethereum, Polygon, Binance Chain, and Avalanche.

This partnership will support Infura's expanding user base, which currently stands at 450,000 users, in a manner not seen before. The launch of DIN marks Infura's gradual move toward decentralizing its RPC layer, a process requiring the use of validated datasets provided by CQT.

Erik Ashdown, Head of Ecosystem at CQ, has shared his excitement regarding this partnership. Ashdown stated: "Infura is going in a completely different direction with the launch of DIN. By working with partners who have already optimized parts of their stack to better serve developers, this truly embodies the spirit of crypto and the saying ‘a rising tide lifts all boats’.”