Crypto News- Google Cloud has entered into a strategic partnership with MultiversX, a blockchain infrastructure company, as part of its commitment to expanding its presence in the Web 3 ecosystem. This collaboration involves the integration of MultiversX into the Google Cloud platform, offering valuable insights for Web 3 projects and users through the powerful data analytics and artificial intelligence tools within Google Cloud’s ecosystem.
Google Cloud and MultiversX Collaborate as Blockchain Company Shifts Focus to Metaverse
MultiversX asserts that this partnership holds the potential to significantly streamline the execution of large-scale, data-driven blockchain projects. Developers will gain easier access to critical data such as transaction details, smart contract interactions, and enhanced on-chain analytics.
On the other hand, Google Cloud’s participation in the MultiversX network will empower ecosystem builders to leverage advanced tools and services available on the platform, enhancing the performance and scalability of non-blockchain components for decentralized applications (dApps). Daniel Rood, Head of Web3 EMEA at Google Cloud, expressed his enthusiasm, stating that the partnership with MultiversX opens up exciting opportunities to support Web3 developers in building and scaling their projects quickly. This collaboration is expected to solidify Google Cloud’s position as a leading innovator in the blockchain space.
MultiversX has a track record of forming partnerships with prominent brands to promote Web3 use cases in the traditional world. Notably, the first European institutional marketplace for digital assets, ICI D|SERVICES, and Audi’s in-car virtual reality platform, holoride, have both chosen MultiversX as their preferred platform.
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