MultiversX unveiled exciting updates today. They forged a strategic alliance with Google Cloud and announced a package of new features for XPortal, which will have the necessary tools to develop the next generation of enhancements for the metaverse.
The strategic partnership between MultiversX and Google Cloud aims to enhance the latter’s footprint in the Web3 space. This integration will enable Web3 projects and users to access valuable information through powerful data analytics tools integrated with artificial intelligence within the Cloud ecosystem.
The Evolution of Blockchain and the Metaverse
MultiversX has consistently made the decision to establish connections and collaboration strategies with various well-established and renowned brands, with the aim of driving Web3 adoption in everyday life. In this particular case, the partnership between the two companies will serve to instantly empower the creation and execution of large-scale blockchain projects with a focus on data. This was confirmed by the MultiversX team.
This results in a powerful tool for developers, who will now have much easier access to information about addresses, transaction amounts, and smart contract interactions.
It is a top priority for MultiversX to ensure that ecosystem developers have the necessary tools, which will be provided by Google Cloud, to enhance high performance and scalability for decentralized applications that are not based on blockchain.
The company has also announced significant enhancements for xPortal. Users will now have the ability to conduct simple monetary transactions, both in fiat and cryptocurrencies. They will also have access to peer-to-peer payments. Another notable addition is the launch of a development kit, xWorlds, which facilitates users in developing augmented reality projects and AI-powered avatars.
MultiversX and Google are looking towards the future. This strategic alliance and the technological innovations announced represent a significant step in advancing Web3 technology and the metaverse, promising to facilitate widespread adoption, transform the way we interact online, and redefine the user experience in these virtual environments.
