MultiversX Announces Partnership with Google to Drive Web3 Adoption
MultiversX, formerly known as Elrond, has partnered with tech giant Google to accelerate the expansion of Web3 and the MultiversX ecosystem. The announcement was made on day two of the xDay 2023 event in Romania.
Google Cloud Supports MultiversX Ecosystem
The partnership between MultiversX and Google will be supported by four pillars. Data running on the MultiversX blockchain will be embedded directly into the Google Cloud infrastructure, providing an extra layer of security. MultiversX has implemented a sharding architecture capable of handling over 100,000 transactions per second, focusing on scalability and security.
Benefits for Users and Developers
The CEO of MultiversX expressed excitement about the collaboration and its potential for accelerated growth. The partnership will bring additional products and services from Google Cloud, including financial aid and hackathons to benefit builders in the ecosystem.
Hackathon and Rewards
As part of the xDay 2023 event, a hackathon will take place with $1 million in prizes and further funding for the community. This partnership allows Web3 developers to build and scale faster, solidifying Google’s position as an innovation driver in the blockchain world.
Hot Take: MultiversX Teams Up with Google to Boost Web3 Adoption
In a strategic move to expand its ecosystem, MultiversX has partnered with tech giant Google during the xDay 2023 event. This collaboration aims to drive adoption of Web3 and accelerate the growth of the MultiversX ecosystem. With added security features and scalability improvements, this partnership brings exciting opportunities for users, developers, and builders in the blockchain space. Additionally, the hackathon and financial support provided by Google Cloud will further incentivize innovation and propel the industry forward. This collaboration solidifies Google’s position as a key player in the blockchain world, while positioning MultiversX as a leading engine driving the ecosystem.
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