In an effort to enhance their presence in the Web 3.0 space, Google Cloud has teamed up with MultiversX (formerly Elrond), a blockchain infrastructure company. As part of the partnership, MultiversX has been integrated into Google Cloud’s platform, providing support for Web 3.0 projects. This integration will allow users to utilize powerful data analytics and artificial intelligence tools within Google Cloud’s ecosystem.

The collaboration aims to streamline the development of data-focused blockchain initiatives at scale. It will enable developers to easily access data related to addresses, transaction volumes, smart contract interactions, and expanded on-chain analytics capabilities. This strategic partnership holds the potential to facilitate the efficient execution of large-scale blockchain projects.

Conversely, the integration of Google Cloud with the MultiversX network will empower ecosystem builders to leverage advanced tools and services offered by the platform. This will enhance the performance and scalability of non-blockchain components within their decentralized applications (dApps).

According to Daniel Rood, Head of Web3 EMEA at Google Cloud, the partnership with MultiversX allows Google Cloud to expand its strategy and solidify its position as an innovation driver in the blockchain world. He stated, “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 MultiversX will allow us to expand our strategy and reach further and solidify our position as one of the main innovation drivers in the blockchain world.”

About the MultiverseX Platform

MultiversX has established partnerships with well-known brands, bridging the gap between Web 3.0 and traditional realms. Notable collaborations include ICI D|SERVICES, the first European institutional marketplace for digital assets, and Audi’s in-car virtual reality platform, holoride. These brands have chosen MultiversX as their preferred platform.

As a blockchain infrastructure firm focusing on metaverse scalability, MultiversX has introduced various features to enhance its decentralized digital asset wallet, xPortal SuperApp. Users can now seamlessly manage both fiat and cryptocurrency. Additionally, MultiversX has developed the xWorlds Developer Kit, a comprehensive set of tools for creators to build augmented reality experiences.

FAQs

What is Web 3.0?

Web 3.0 refers to the next generation of the internet, where data, applications, and services are decentralized and run on blockchain technology. It aims to create a more open, transparent, and user-centric online environment.

What is MultiversX?

MultiversX is a blockchain infrastructure company that focuses on metaverse scalability. It provides tools and services for developers to build and deploy blockchain-powered applications and platforms.

What are the benefits of the partnership between Google Cloud and MultiversX?

The partnership between Google Cloud and MultiversX enables developers to access critical data and streamline large-scale blockchain projects. It also allows ecosystem builders to leverage advanced tools and services, enhancing the performance and scalability of decentralized applications.

How does this partnership support the development of the metaverse?

By collaborating with MultiversX, Google Cloud strengthens its presence in the Web 3.0 space, which is integral to the development of the metaverse. The integration of MultiversX into Google Cloud’s platform provides developers with the necessary tools and resources to build and scale metaverse applications more efficiently.

Summary

Google Cloud has partnered with MultiversX to expand its presence in the Web 3.0 space. This collaboration aims to streamline large-scale data-centric blockchain projects and provide developers with easy access to critical data. The integration of MultiversX into Google Cloud’s platform offers support for Web 3.0 projects, enabling users to leverage advanced data analytics and artificial intelligence tools. This strategic partnership has the potential to enhance the development of data-focused blockchain initiatives and solidify Google Cloud’s position in the blockchain world.