Google Cloud has partnered with MultiverseX to expand its presence in the Web 3.0 arena. This collaboration aims to streamline large-scale data-centric blockchain projects and enable developers to access critical data effectively.
Google Cloud and blockchain infrastructure company MultiverseX (formerly Elrond) have joined hands to expand their presence web 3.0 space. Google Cloud has integrated MultiverseX into its platform, providing support for Web 3.0 projects. Thus, users will be able to take advantage of robust data analytics and artificial intelligence tools within Google Cloud’s ecosystem.
This collaboration will facilitate efficient execution of large-scale data-centric blockchain projects. It aims to provide developers with easy access to data related to addresses, transaction volumes, smart contract interactions, and expanded on-chain analytics capabilities. This strategic partnership has the potential to streamline the development of large-scale, data-centric blockchain initiatives.
Conversely, the integration of Google Cloud with the Multiverse network will empower ecosystem builders to take advantage of the advanced tools and services provided by the platform. This will help increase the performance and scalability of non-blockchain components within their decentralized applications (dApps). Speaking on the development, Daniel Rood, Head of Web3 EMEA at Google Cloud, said, couple,
“There are exciting opportunities to enable Web3 developers to build and scale faster and as we explore new verticals within the space, our partnership with MultiverseX will allow us to expand our strategy and reach further and address key innovation drivers.” This will allow it to strengthen its position as one of the Blockchain World.”
About the MultiverseX Platform
MultiverseX has established several partnerships with well-known brands, bridging the gap between Web 3.0 and traditional sectors. Prominent among these collaborations are ICI D|Services, the first European institutional marketplace for digital assets, and Audi’s in-car virtual reality platform, Holoride, both of which have chosen MultiverseX as their platform of choice.
The blockchain infrastructure firm with a focus on metaverse scalability has also introduced a series of new features to enhance its decentralized digital asset wallet, xPortal SuperApp. These updates empower users to manage both fiat and cryptocurrencies seamlessly. In the near future, xPortal users will have access to peer-to-peer fiat payments, European IBAN, SEPA and SWIFT by early 2024.
Additionally, MultiverseX has unveiled the XWorlds Developer Kit, a comprehensive set of tools that creators can take advantage of to create the next generation of augmented reality experiences. By using xPortal as a wallet and distribution hub, developers can take advantage of these resources, including creating highly realistic AI-powered 3D avatars.
Bhushan is a fintech enthusiast and has a good grasp of understanding the financial markets. His interest in economics and finance drew his attention to the newly emerging blockchain technology and cryptocurrency markets. He is in a constant process of learning and keeps himself motivated by sharing his acquired knowledge. In his spare time he reads adventure fantasy novels and occasionally explores his culinary skills.
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