At the third Developer Conference, OceanBase unveiled a groundbreaking upgrade to its integrated architecture and introduced the pioneering 'Shared Storage' product. This innovative solution seamlessly integrates object storage with transactional databases, establishing a multi-cloud native architecture that dramatically enhances the elastic scalability of cloud data storage. According to reports, this architecture slashes storage costs for TP (Transaction Processing) loads by up to 50%. As the industry's first multi-cloud native database to support object storage in TP scenarios, OceanBase has leveraged technological advancements to address challenges like access latency and I/O pressure, further bolstering the response stability of TP services. The 'Shared Storage' product is versatile, catering to a wide array of business needs, and OB Cloud now boasts compatibility with six major public cloud platforms, spanning over 100 availability zones.