The Future of MultiversX: xPortal Features and Blockchain Upgrades
MultiversX recently held the xDay Conference 2023 in Bucharest, where they unveiled their new xPortal features. Described as a SuperApp, the xPortal goes beyond being a decentralized digital wallet and incorporates social interactions, a news platform, access to the metaverse, NFTs, and gamification. This creates a multifaceted digital experience for users.
In addition to the xPortal, MultiversX announced a series of technical upgrades to enhance their blockchain’s capabilities. These upgrades are aimed at improving the network’s throughput, allowing it to handle over 100,000 transactions per second with just 1″ latency.
MultiversX CEO’s Vision: Bridging Today with Tomorrow
During the conference, MultiversX CEO Beniamin Mincu delivered a keynote speech emphasizing the role of technology in shaping the future. He encouraged embracing upcoming technologies such as spatial computing, AI, and blockchain. Mincu envisioned a future where digital assistants are common and urged the audience to seize the opportunities presented by these technologies.
MultiversX also shared their roadmap for enhancing their blockchain capabilities. The roadmap includes features like an on-chain 2FA mechanism and a more user-friendly transaction model to make the blockchain more accessible.
Sergiu Biris, MultiversX’s Head of Product, provided further details about xPortal’s features. He introduced tools for managing finances, debit cards, and a native in-app crypto purchase solution. Biris also announced plans for integrating peer-to-peer fiat payments and European IBANs, SEPA, and SWIFT by early 2024. The introduction of xGenie, an AI-powered assistant, aims to ensure a user-friendly experience.
Runtime Verification Unveils PI Squared: Elevating Blockchain Security and Versatility
At the xDay conference, Runtime Verification revealed PI Squared, a universal ZK Rollup built on the MultiversX blockchain. This innovation converts computational claims verification into mathematical proof verification using a universal proof checker. PI Squared enhances security standards in the blockchain industry, providing a secure platform for high-value deployments.
MultiversX and Runtime Verification’s collaboration aims to foster a safer and more reliable blockchain ecosystem through PI Squared.
Hot Take: MultiversX Revolutionizes the Digital Experience with xPortal and Upgrades
MultiversX’s xPortal features and technical upgrades showcased at the xDay Conference 2023 demonstrate their commitment to revolutionizing the digital experience. By integrating social interactions, news, metaverse access, NFTs, and gamification into the xPortal SuperApp, MultiversX offers users a multifaceted journey. The upgrades to their blockchain enhance its capabilities with increased throughput and improved user-friendliness.
Furthermore, the introduction of PI Squared by Runtime Verification elevates the security and versatility of the MultiversX blockchain. This innovation provides a platform for trustless computational claims verification, making it attractive for startups and enterprises seeking secure deployments.
With these advancements, MultiversX is bridging today with tomorrow, embracing emerging technologies and empowering users to participate in societal progress.
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