Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit.
During the SUSTAINABLE WEB3 SG 2023 Summit, a major event co-hosted by Wanxiang Blockchain Labs and the Singapore University of Social Sciences, Huawei Cloud recently announced a big entry into the Web3 space.
In an effort to spur innovation in this developing field, Huawei Cloud unveiled a range of cloud services with a Web3 concentration. The InterPlanetary File System (IPFS), Confidential Computing, and the Node Engine Service are among the services offered.
These products are intended to support the Web3 infrastructure, improving its efficiency, security, and accessibility. With its entry into Web3, Huawei Cloud is demonstrating its commitment to distributed computing globally in line with its larger “Everything-as-a-Service” strategy.
Rapid and dependable blockchain services are anticipated to be a part of Huawei Cloud’s web3 infrastructure. Huawei Cloud Singapore’s Managing Director, Rex Lei, gave a riveting keynote address emphasizing the organization’s commitment to R&D. Lei underlined how these developments might affect the broader uptake of Web3 technology.
