Huawei Cloud Unveils Web3 Services at SUSTAINABLE WEB3 SG 2023 Summit
Huawei Cloud has made a major move into the Web3 sector by introducing a range of cloud services at the SUSTAINABLE WEB3 SG 2023 Summit, co-hosted by Wanxiang Blockchain Labs and the Singapore University of Social Sciences. The newly unveiled services, including the Node Engine Service, confidential computing, and the InterPlanetary File System (IPFS), are specifically tailored to enhance the accessibility, efficiency, and security of Web3 infrastructure. This strategic expansion aligns with Huawei Cloud’s broader “Everything-as-a-Service” approach, which emphasizes distributed computing on a global scale.
The web3 infrastructure is anticipated to offer fast and reliable blockchain services. During the summit, Huawei Cloud Singapore’s Managing Director Rex Lei emphasized the company’s commitment to research and development and highlighted the potential impact of these technological advancements on the widespread adoption of Web3 technologies.
Hot Take: Huawei Cloud’s Entrance into Web3 Sector
Huawei Cloud’s foray into the Web3 sector marks a significant step towards catalyzing advancements in this emerging field. By unveiling a suite of Web3-focused cloud services, Huawei Cloud is poised to strengthen the infrastructure and facilitate widespread adoption of Web3 technologies. The emphasis on accessibility, efficiency, and security reflects Huawei Cloud’s dedication to driving innovation in distributed computing on a global scale.
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