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Google Cloud Joins Forces with MultiversX to Boost Web 3 Presence and Enhance Blockchain Development

Algoine News
Summary:
Google Cloud and MultiversX partner up to strengthen Google Cloud's Web 3 presence. The integration into Google's platform allows for improved data insights through analytics and AI tools. MultiversX asserts that this collaboration will simplify data-centric blockchain projects for developers. Meanwhile, Google Cloud's participation in MultiversX empowers application developers with high-performance tools and services. The partnership solidifies Google as a key innovation driver in the blockchain world. MultiversX also announced enhanced features for its digital asset wallet, xPortal SuperApp, and the launch of the xWorlds Developer Kit for augmented reality experiences.
A collaboration between Google Cloud and MultiversX, a blockchain infrastructure company previously known as Elrond, aims to enhance Google Cloud's Web 3 presence. By integrating MultiversX into its platform, Google Cloud can provide Web 3 projects and users with invaluable data insights through its robust data analytics and AI tools. MultiversX believes this partnership has the capacity to expedite large-scale, data-centric blockchain projects, thereby aiding developers in obtaining data information related to addresses, transacted amounts, smart contract engagements, and enhanced on-chain analytics. In addition, Google Cloud's participation in MultiversX's network provides ecosystem developers with advanced tools and services, promoting high performance and scalability for their decentralized applications (dApps) non-blockchain components. Daniel Rood, Head of Web3 EMEA at Google Cloud, views this collaboration as a step towards enabling Web3 developers to develop and scale more rapidly. He believes their alliance with MultiversX is an essential step to expand their plans, reach wider boundaries, and reinforce Google's position as the leading innovator in the blockchain sphere. Besides its collaboration with Google Cloud, MultiversX has previously engaged with mainstream brands to promote Web3 applications in conventional environments. MultiversX is the platform of choice for both ICI D|SERVICES, the first European institutional marketplace for digital assets, and Audi's in-car virtual reality platform, holoride. The blockchain infrastructure company, which specialises in metaverse scalability, has also revealed new expandable features for its decentralized digital asset wallet, the xPortal SuperApp. The enhanced features make it easier for users to manage both fiat money and cryptocurrency. They will also have access to peer-to-peer fiat payments as well as European IBANs, SEPA, and SWIFT by early 2024. Moreover, MultiversX has announced the launch of the xWorlds Developer Kit. It offers a suite of distinctive tools to help creators build the upcoming generation of augmented reality experiences using the xPortal as a wallet and distribution center. The kit also includes incredibly lifelike, AI-generated 3D avatars.

Published At

10/20/2023 11:39:52 AM

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