MultiversX and Google Cloud: A Strategic Alliance for Web3 and AI Integration

MultiversX (ELGD), a leading smart contract platform, has joined forces with Google Cloud. This partnership aims to redefine the convergence of artificial intelligence (AI), big data, and the Web3 ecosystem.

The collaboration was unveiled during the xDay Conference, a gathering of tech giants, policymakers, and industry thought leaders. Both Beniamin Mincu, CEO of MultiversX, and Daniel Rood, Head of Web3 EMEA at Google Cloud, emphasized their shared vision to propel the Web3 frontier.

MultiversX’s state-of-the-art sharded architecture, boasting a staggering capacity of over 100,000 transactions per second, has positioned itself as the go-to backend solution for real-world applications. This is evident from its adoption by major players like ICI D|SERVICES and Audi’s VR platform, holoride.

A pivotal aspect of this partnership is the integration of MultiversX with Google Cloud’s BigQuery. This union promises to supercharge large-scale blockchain initiatives, offering Web3 developers unparalleled insights from AI and data analytics. Such insights encompass data on addresses, transaction values, and intricate smart contract interactions.

Daniel Rood remarked on the potential of this alliance, stating, “Our collaboration with MultiversX amplifies our commitment to the blockchain realm, positioning us as key innovators.”

Moreover, this partnership paves the way for ecosystem developers to harness Google Cloud’s cutting-edge tools, ensuring their dApps achieve unmatched performance and scalability. The partnership’s inaugural project was showcased at the xDay Hackathon, where Google Cloud spearheaded the Artificial Intelligence track, offering a staggering $1M in prizes and funding.

Beniamin Mincu expressed his enthusiasm, highlighting the partnership’s potential to turbocharge growth and expand their ecosystem. Google Cloud’s foray into Web3 underscores its unwavering commitment to technological innovation.

In the upcoming months, both entities are set to delve deeper into their collaboration, exploring innovative ways to support startups on their journey to scalability and success.

The partnership between MultiversX and Google Cloud is a testament to the limitless possibilities at the intersection of AI, big data, and Web3. As these giants collaborate, the tech world eagerly awaits the transformative solutions that will emerge.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Bullish Times is a marketing agency committed to providing corporate-grade press coverage and shall not be liable for any loss or damage arising from reliance on this information. Readers should perform their own research and due diligence before engaging in any financial activities.