MultiversX and Google Cloud forge strategic partnership for Web3 advances

sphere, multiversx, google

Sommaire :

As part of a strategic move to redefine the trajectory of Web3 technologies, MultiversX, a leading Tier 1 smart contract platform, recently entered into an important partnership with Google Cloud.

This collaboration, unveiled at the xDay conference, represents a crucial intersection between blockchain capabilities, artificial intelligence and data analytics.

Announcement at the xDay conference

Beniamin Mincu, CEO of MultiversX, and Daniel Rood, Head of Web3 EMEA at Google Cloud, unveiled the partnership at the xDay conference.

The collaboration aims to boost Web3’s expansion, capitalizing on MultiversX’s sharded architecture, capable of scaling beyond 100,000 transactions per second.

MultiversX’s impact on the industry

MultiversX‘s influence extends to a variety of sectors, serving as the preferred back-end solution for real-world applications.

Notable implementations include ICI D|SERVICES, Europe’s leading institutional marketplace for digital assets, and holoride, Audi’s platform for embedded virtual reality.

The platform’s innovations in token standards and smart accounts have solidified its position in the industry.

BigQuery integration

To enhance the capabilities of Web3 projects, MultiversX has seamlessly integrated with BigQuery, Google Cloud’s serverless data warehouse with a robust query engine.

This integration streamlines the execution of data-first blockchain projects, providing developers with essential information on addresses, transaction amounts, smart contract interactions, and more.

Daniel Rood’s view

Daniel Rood, Head of Web3 EMEA at Google Cloud, shared his perspective on the collaboration.

“There are opportunities to enable Web3 developers to build and scale faster. Our partnership with MultiversX allows us to extend our strategy and reach.”

Contribution of the Google Cloud ecosystem

The collaboration goes beyond simple integration, enabling ecosystem builders to leverage Google Cloud’s suite of advanced tools and services.

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This ensures high performance and scalability for non-blockchain components of decentralized applications, reinforcing the commitment to holistic development.

Joint initiative at xDay hackathon

The partnership’s commitment to ecosystem development was demonstrated at the xDay hackathon, where developers and startups received significant support.

Google Cloud played a key role as the main partner in the field of artificial intelligence, demonstrating its commitment to encouraging innovation.

Beniamin Mincu’s vision

Beniamin Mincu, CEO of MultiversX, focused on the strategic plan to develop its ecosystem.

“MultiversX is in a unique position, with great potential for accelerated growth, and the additional products and services provided by Google Cloud are a key contribution in this regard.”

Future collaborative projects

Google Cloud’s strategic move into Web3 is in line with its history of supporting innovation.

The collaboration with MultiversX promises further integration and support for the network.

Over the coming months, the two entities plan to explore new ways of helping startups grow and develop in the dynamic Web3 environment.

Conclusion

The strategic partnership between MultiversX and Google Cloud marks an important milestone in the evolution of Web3 technologies.

As these industry leaders join forces, the potential for accelerated growth, innovation and ecosystem development becomes palpable, paving the way for a dynamic future in blockchain, AI and big data.

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