Blockchain technology and the metaverse, Google Cloud have partnered with MultiversX,

Thedailycourierng

In a move that highlights the increasing integration of blockchain technology and the metaverse, Google Cloud has partnered with MultiversX, a prominent blockchain infrastructure firm. The collaboration aims to bolster the presence of Web3 and provide users with enhanced data analytics and artificial intelligence capabilities within the Google Cloud ecosystem.

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The recent integration between Google Cloud’s BigQuery data warehouse and MultiversX is anticipated to facilitate the seamless execution of large-scale, data-driven blockchain projects. By leveraging this partnership, developers will gain access to crucial data insights, including transaction details, smart contract interactions, and comprehensive on-chain analytics.

Daniel Rood, head of Web3 EMEA at Google Cloud, emphasized the significance of empowering Web3 developers to build and scale more efficiently. He underscored the potential for the partnership with MultiversX to expand Google Cloud’s impact in the blockchain space and solidify its position as a key driver of innovation within the industry.

MultiversX has been actively fostering collaborations with several mainstream brands, underlining its commitment to advancing Web3 applications in conventional sectors. Notably, the company has secured partnerships with ICI D|Services, the first European institutional marketplace for digital assets, and Holoride, Audi’s in-car virtual reality platform.

In conjunction with these developments, MultiversX unveiled a range of new scalable features for its decentralized digital asset wallet and “SuperApp,” xPortal. The updated functionalities will empower users to seamlessly manage both fiat and cryptocurrency transactions. With the inclusion of peer-to-peer fiat payments, European IBANs, SEPA transfers, and SWIFT payments, xPortal users can expect enhanced financial accessibility by early 2024.

Furthermore, MultiversX introduced the xWorlds Developer Kit, offering creators a diverse set of tools to craft cutting-edge augmented reality experiences. By leveraging xPortal as a central wallet and distribution hub, developers can leverage highly realistic 3D avatars powered by advanced artificial intelligence technology.

As the partnership between blockchain technology and the metaverse Google Cloud and MultiversX continues to unfold, the intersection of blockchain technology and the metaverse is poised to witness significant advancements, opening up new horizons for innovation and collaboration within the Web3 landscape. Source thedailycourierng news

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