Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit.
Huawei Cloud recently announced a major step into the Web3 sector at the SUSTAINABLE WEB3 SG 2023 Summit, a major event jointly organized by Wanxiang Blockchain Labs and the Singapore University of Social Sciences. Huawei Cloud introduced a series of Web3-focused cloud services, aiming to catalyze progress in this emerging sector.
You might also like: OpenSea users targeted by phishing scam disguised as official NFT offers
The services include the Node Engine Service, confidential computing and the InterPlanetary File System (IPFS). These offerings are designed to strengthen the Web3 infrastructure and improve its accessibility, efficiency, and security. Huawei Cloud’s entry into Web3 aligns with the broader strategy of ‘Everything-as-a-Service’, underscoring the commitment to distributed computing on a global scale.
Huawei Cloud’s web3 infrastructure is expected to provide fast and reliable blockchain services. Rex Lei, the Managing Director of Huawei Cloud Singapore, delivered an engaging keynote highlighting the company’s commitment to research and development. Lei highlighted the potential impact of these technological advances on the widespread adoption of Web3 technologies.
Read more: Binance Launches Dual Investment Product