Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit.

Huawei Cloud has recently announced a significant move into the Web3 sector at the SUSTAINABLE WEB3 SG 2023 Summit, a key event jointly organized by Wanxiang Blockchain Labs and the Singapore University of Social Sciences. Huawei Cloud introduced a suite of Web3-focused cloud services, aiming to catalyze advancements in this emerging sector.

The services include the Node Engine Service, confidential computing, and the InterPlanetary File System (IPFS). These offerings are designed to bolster the Web3 infrastructure, enhancing its accessibility, efficiency, and security. Huawei Cloud’s entrance into Web3 aligns with its broader strategy of “Everything-as-a-Service,” underscoring its commitment to distributed computing on a global scale.

Huawei Cloud’s web3 infrastructure is expected to feature rapid and reliable blockchain services. Rex Lei, the Managing Director of Huawei Cloud Singapore, delivered a compelling keynote highlighting the company’s dedication to research and development. Lei emphasized the potential impact of these technological advancements on the widespread adoption of Web3 technologies.

Read the full article here

Share.

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision

Exit mobile version