Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit.
Huawei Cloud has recently announced a significant move into the Web3 sector at the SUSTAINABLE WEB3 SG 2023 Summit, a key event jointly organized by Wanxiang Blockchain Labs and the Singapore University of Social Sciences. Huawei Cloud introduced a suite of Web3-focused cloud services, aiming to catalyze advancements in this emerging sector.
The services include the Node Engine Service, confidential computing, and the InterPlanetary File System (IPFS). These offerings are designed to bolster the Web3 infrastructure, enhancing its accessibility, efficiency, and security. Huawei Cloud’s entrance into Web3 aligns with its broader strategy of “Everything-as-a-Service,” underscoring its commitment to distributed computing on a global scale.
Huawei Cloud’s web3 infrastructure is expected to feature rapid and reliable blockchain services. Rex Lei, the Managing Director of Huawei Cloud Singapore, delivered a compelling keynote highlighting the company’s dedication to research and development. Lei emphasized the potential impact of these technological advancements on the widespread adoption of Web3 technologies.